Golden Parachute Total $

[kate]

Just wondering what the cost of all VP's and top management taking their golden parachutes would cost the company? Any body have the figures??

 

[Winglet]

Dunno, but it's a good bet that the execs are getting their pay up front while there's still money. How much you wanna bet that your last 2 week paycheck will bounce, or not even be sent? Consider it a donation to the execs separation paychecks.

Need to watch very closely now. How much money do you think is going out the back door of Crystal City right now? This is SOP for a company in big trouble.

 

[Reservation Agent]

If the company filed bankruptcy, wouldn't that give them the opportunity to cancel their commitments with these "Golden Parachute"
millionaires?...

If it gives them an "out" with other creditors, wouldn't Ganghwal, Wolfe, Siegel, etc have to line up in BK court to get their contracted payments committed to them , before the airline had to file for protection? Wouldn't Bombardier, Embrier & GE Capital come before them as main creditiors ?

 

[ktflyhome]

Sorry Reservation Agent...A320 and 700uW are not on board tonight to answer your questions nor debate,,,,,,,can you wait til tomorrow???????