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Tagged: pensions

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December 18, 2012
13:35 • 5 months ago
Tags: es buckmaster Cerberus Capital Management gun control pensions california sandy hook sandy hook shooting newtown shooting newtown
Ah, good catch! Here’s a bit from Bloomberg discussing this angle of the issue more in depth.

Ah, good catch! Here’s a bit from Bloomberg discussing this angle of the issue more in depth.

November 29, 2012
17:27 • 5 months ago

Likely brand sales won’t keep Hostess from screwing employees out of millions

Tags: Business Hostess United States Liquidation Bankruptcy Hostess Bankruptcy Executive Compensation Pensions sc numbers

  • $1.1M in monthly retiree benefits will not be paid by Hostess during the company’s liquidation process according to an attorney for the company.
  • $1.5M was collected by Hostess CEO Gregory Rayburn during fiscal 2012 — an average monthly salary of $125,000 — before bonuses or other incentives.
  • $1.8M has been set aside for the incentive bonuses of 19 Hostess executives, bonuses which the company argues are needed to retain the corporate officers and other high-level managers. Maybe it’s just us, but does this sound like, “Let us pay ourselves another $2 million, or we’ll quit too!” to anybody else?source

November 30, 2011
20:36 • 1 year ago
Tags: pensions public sector strike scotland scotland pensions scotland strike scottish strike strike

Scotland’s public sector strikes over pensions

It’s estimated that 300,000 people participated in the public sector strike in Scotland today, an action in protest of proposed changes to the state’s pension system which could force workers to pay in at a higher rate, and work more years before reaching retirement.  source

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October 25, 2010
11:04 • 2 years ago

Nearly two weeks in, French strikes proving very costly

Tags: cost of strikes france french strikes pensions

  • €200+
    million     the amount that the French strikes are costing the country per day, at minimum (as high as €400 million)
  • €2.4
    billion     the minimum amount this could be hurting their economy; it could be as high as €4.8 billion source

October 22, 2010
14:56 • 2 years ago

French Senate ignores protesters’ cries, passes pension law anyway

Tags: austerity france french pensions pensions senate

  • anger For that last few days, protesters have been making life in France pretty rough, partly over an age increase for pensions, from 60 to 62. It’s not that bad, guys!
  • indifferenceDespite days of rage and problems with fuel distribution caused by the protests, the French Senate passed it anyway. Now it’s headed to President Sarkozy to sign. source

 

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