ResCap executive bonus plan rejected by judge

Categorized | STOP FORECLOSURE FRAUD

ResCap executive bonus plan rejected by judge

ResCap executive bonus plan rejected by judge

You mean to tell me these execs were getting rewards of millions of dollars just for staying at work? Seriously, what the hell is wrong with this picture?

Tell this to hundreds of thousands that are taking a pay cut just for simply saving their job!

REUTERS-

A federal bankruptcy judge on Tuesday rejected Residential Capital LLC’s proposal to pay as much as $7 million of bonuses to 17 senior executives, saying the payout was primarily a reward for staying in their jobs.

[REUTERS]

 

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