Tag: Severance

Paid To Fail: Bankrupt American Airlines CEO Slated For $20 Million Severance

SOURCE: gnom.es national news service But alas, after further reading, I returned to my normal state of cynicism when learning of new deca-million dollar bonuses paid to corporate managers.  Perched high on bench in his lower Manhattan courtroom, U.S. Bankruptcy judge Sean Lane sang the praises of the proposed AMR Corp. (parent of American Airlines) and U.S. Airways…