Thursday, March 12, 2015
You can read about that at this link:
Blog Publisher’s comment:
It’s obscene that Management Executives at a struggling company pay themselves exorbitant sums of money (and more than ample benefits) at the same time their company’s business is in a tailspin. They should be ashamed of that behavior.
Looks like U.S. taxpayers, not just SR's trade-creditors, will take a hit on this one, due to SR's significant unsecured debt to PBGC.
Posted by Joel Salus at 6:58 AM