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Old 02-18-2009, 07:28 PM   #3
Dantheman62
Avalon Senior Member
 
Join Date: Sep 2008
Location: So. Cal. U.S.
Posts: 4,205
Default Re: Don't call it a 'BONUS'...Bank Executives receive 'RETENTION AWARD'

They should follow this guy!.........
WASHINGTON (AP) -- General Electric Co. said Wednesday that Chairman and Chief Executive Jeffrey Immelt will forgo a 2008 bonus and performance awards worth millions of dollars after the company's earnings fell last year and its stock price plunged amid a deteriorating economy.

http://finance.yahoo.com/news/Genera...-14399766.html

Last edited by Dantheman62; 02-18-2009 at 07:33 PM.
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