Hillary Fundraises With CEO Donor Famed For Huge Golden Parachute
Yes....IRONIC!!! LOL!
Hillary Clinton will be attending a fundraiser Monday hosted by a businessman whose past pay packages appear to represent everything she has condemned in the American economy.
Clinton will be traveling to Baton Rouge for a fundraiser at the home of businessman Jim Bernhard. According to the Greater Baton Rouge Business Report, the fundraiser will be a posh affair, with each ticket costing $2,700, while different sponsorship levels cost $27,000 or $50,000.
Bernhard was CEO of the Shaw Group, a Fortune 500 company with some 25,000 employees, for over 25 years until it was purchased by Chicago Bridge and Iron Company (CB&I) in 2013.
Special:
When the buyout happened, Bernhard was the beneficiary of a truly immense golden parachute. Bernhard was paid more than $36 million in cash and stock due to contractual provisions relating to the company’s buyout, and on top of that he received an $18.7 million retirement package and the right to use a private jet for ten years, putting the overall value of his severance above $54 million
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