Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Thu 05/28/2020 View Wed 05/27/2020 View Tue 05/26/2020 View Mon 05/25/2020 View Sun 05/24/2020 View Sat 05/23/2020 View Fri 05/22/2020
1
2020-05-28 Economy
Hertz paid top executives $16 million in bonuses ahead of its bankruptcy filing
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Clem 2020-05-28 00:00|| || Front Page|| [8 views ]  Top

#1 hertz is a nasty bunch of A$$holes. Nothing but corporate greedy TURDS. Dealt with them YEARS ago......ONCE.....BYE J.O.'S
Posted by ranture 2020-05-28 15:31||   2020-05-28 15:31|| Front Page Top

#2 "Hertz paid...?" Shouldn't it be "Top executives at Hertz paid top executives at Hertz..."?
Posted by Kofi Shomotle2197 2020-05-28 16:19||   2020-05-28 16:19|| Front Page Top

#3 The company did not respond to a request for comment, but said in its SEC filing that the payments are justified by financial and operational uncertainty that the company and its employees face

...like millions of non-essential workers without employment at the moment? Basically looting the assets. Retention, that's your basic paycheck.
Posted by Procopius2k 2020-05-28 17:09||   2020-05-28 17:09|| Front Page Top

#4 Retention? Why in the hell would you WANT to keep the executives who got you into bankruptcy in the first place? Oh, that's right, because you're just authorizing bonuses for yourself. That's swell, I wish I could just authorize myself a bonus whenever I wanted at work...
Posted by Vernal Hatrick 2020-05-28 19:04||   2020-05-28 19:04|| Front Page Top

23:16 Lex
23:03 Rex Mundi
23:01 charger
22:51 Anomalous Sources
22:49 Zhang Fei
22:24 Marilyn Tojo7566
22:13 Frank G
22:05 Marilyn Tojo7566
22:01 Marilyn Tojo7566
21:59 Clem
21:59 Clem
21:58 Zhang Fei
21:55 Marilyn Tojo7566
21:50 swksvolFF
21:47 Marilyn Tojo7566
21:43 swksvolFF
21:40 swksvolFF
21:40 Marilyn Tojo7566
21:35 Marilyn Tojo7566
21:16 European Conservative
21:14 European Conservative
21:06 bbrewer126
21:02 bbrewer126
21:01 Graviter Gurly-Brown5390









Paypal:
Google
Search WWW Search rantburg.com