Wednesday, July 15, 2009

THIS IS SO SAD!!!

My heart goes out to the former Chairman and CEO of the former General Motors Corp. "Rick Wagoner". I don't really know how they expect Rick to live on the just announced pension and benefit package that he will be receiving. He is only going to get $1.64 million in annual benefits for the next five years plus an annual pension of $74,030 for the rest of his life. He also has the option of cashing out his company-provided life insurance policy for the small amount of 2.6 million. I think Rick certainly deserves a much better severance package for bankrupting GM. I really feel sorry for this guy!

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