Home Videos Photos

Hostess Executives Want $1.8 Million In Bonuses — Excuse Us??

| Filed under: Icky Icky PooLegal MattersSad SadBusiness BlitzSick

hostess-executives-bonus-millions-liquidation

You've got to be kidding us.

There is NO shame in the corporate world of greed. This is the most blatant abomination we've seen in a while, since the bonuses paid out during the bank bail-outs.

Hostess executives are going full-on super villain and requesting approval to hand out $1.8 million in bonuses to themselves… even though the company is in the process of liquidating and going under!

BOOO!

They're claiming to the judge that the incentive pay is needed to retain the 19 corporate officers and "high-level managers" during the liquidation process, which could take about a year. BARF factor times a million: Two of those executives would be eligible for additional rewards depending on how efficiently they carry out the liquidation.

All of this just seems extremely wrong when closing means the loss of 18,000 jobs.

We hope they get denied.

[Image via AP Images.]

Tags: , , , , , , , , , ,

Email this  »
TV Shows That Were Canceled In The Midst Of Scandal!
The Top 10 Scariest Celebrity Stalker Stories!
Classic Movies That Were Actually Box Office Bombs!
Celebrities Accused Of Sexual Misconduct!
The Real Housewives Who've Had Trouble With The Law!
10 Unhealthiest Starbucks Drinks!

Comments are closed.