Friday, April 25, 2003 11:47:10 PM
"Yet in a big surprise, 59 percent of Verizon investors voted to limit severance pay for departing executives to three times their combined salary and bonus, unless prior approval for a larger package is granted in a shareholder vote."
Gee, those poor guys! These are the same sob's that didn't think twice about canning 10, 20, 25 year GTE employees when they decided to create a merger/buyout. Now you can't even get a Verizen rep out to fix your phone line after a storm for 2 weeks if your lucky. Long time productive and loyal employees with families and dreams thrown out in the street...and I guarantee not one of them got "three times their combined salary" and forget about a bonus...the hobnobbin' goobersmuchin' executives burnt that up on their corporate jets and trips to Aspen and the Bahamas.
Please DannyDetail...please don't tell me I'm out of the lines. This is a Great Country, but it is a Great Country not because of these Corporate Giants, but in spite of them, IMO. If something isn't done to curb and reel in the abuses of these thieves and their Wall Street co-conspirators, our Nation as we know it will continue to suffer from it. And please don't try to make some snide comment about your expensive wine, or my cheap whiskey...'cause I'm sober as a Judge.
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