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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Bonefish who wrote (80087)	11/29/2012 11:26:00 AM
From: LLCF	Read Replies (1) \| Respond to of 119360

She's behind the curve... I'm buying bombed out AMERICAN NG companies: CHK, SD, SDR, PER, for example. As for "under the bus", Republicans have insured that wont be necessary... just leave her at the bus stop with their angry mob to wait for the black helicopters or space aliens to swoop down and fly her away. DAK

To: Bonefish who wrote (80087)	11/29/2012 6:30:34 PM
From: BWAC	12 Recommendations Read Replies (4) \| Respond to of 119360

Some more for the "I'm entitled, you not so much" file: <<<In court Thursday, an attorney for Hostess noted that the company is no longer able to pay retiree benefits, which come to about $1.1 million a month. Hostess stopped contributing to its union pension plans more than a year ago.>>> Followed by: <<<Hostess seeks approval in U.S. Bankruptcy Court in the Southern District of New York in White Plains, N.Y. to give its top executives bonuses totaling up to $1.8 million as part of its wind-down plans. The company says 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. Two of those executives would be eligible for additional rewards depending on how efficiently they carry out the liquidation. The bonuses would be in addition to their regular pay. A spokesman for Hostess noted executives will need to meet certain goals to get the bonuses. The bonuses do not include pay for CEO Gregory Rayburn, who was brought on as a restructuring expert earlier this year. Rayburn is being paid $125,000 a month.>>>> Just more looting by the 1%er pieces of shit. The bonus amounts would pay 19 months more, at a minimum, of already worked for and bargained for and contracted for retirement benefits. B ut nah lets just bonus it out to these total pieces of shit.