Old Project Avalon Forum (ARCHIVE) - View Single Post - Don't call it a 'BONUS'...Bank Executives receive 'RETENTION AWARD'

Dantheman62 · 02-18-2009, 07:28 PM

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

02-18-2009, 07:28 PM	#3
Dantheman62 Avalon Senior Member Join Date: Sep 2008 Location: So. Cal. U.S. Posts: 4,205	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.