Talk of The Villages Florida - View Single Post - Where are the priorities????
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Old 03-18-2009, 02:51 PM
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Default For what it is worth...

I think this is a lot of smoke. It is not brain surgery. Although the numbers make me a bit dizzy. I have been involved in several "Takeovers." I saw the end coming and would have bailed except for a retention agreement. They wanted me around during the transition because of what they thought I knew. I did know quite a bit. My retention bonus? It was never more than 25k. I wish it was more.

These people were deemed important. Perhaps you don't agree but that doesn't make much difference. If prior to all of the problems, the recipients were earning Salary and bonuses in the million dollar range then million dollar retention agreements were not out of line. If however, these people were earning 50K and got millions for retention I would smell a rat. I'd bet that this is not the case.

Either way, they had contracts. Contracts and agreements are sacred in America. Barney Frank et al know this. They are not stupid or uneducated people. That's why I believe that this is being used as a smoke screen to take our focus of or more important issues.

Just my opinion

Yoda