Sears bankruptcy court OKs $25 million in bonuses for top execs!

Must be nice to get a 25 million dollar bonus from a bankrupt company.

www.cbsnews.com/news/sears-bankr…top-execs/

Working for a bankrupt retailer still has it perks — at least if you’re among hundreds of high-level employees at Sears Holdings.

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The company behind the Sears and Kmart chains on Friday obtained a U.S. bankruptcy court’s permission to pay as much as $25.3 million in bonuses to top executives and other high-ranking employees at Sears, which filed for Chapter 11 bankruptcy protection in October.

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The workers at the bottom of the totem pole didn’t get anything and lost their job.

 

 

AC

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