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.
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