Capitalism Fails Again – CEOs Bankrupt Companies And Get MILLIONS In Bonuses

Recently a bankruptcy judge heard from executives at a Sears and Kmart, same company at this point, um, were the executives and their lawyers argued that even though these stores are bankrupt, we’re going into bankruptcy, we’re shutting them down. We should still be allowed to pay our bonuses of $25,000,000 to executives and shareholders […]

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Bankruptcy Judge Approves Plan To Keep Sears, Kmart Open

WE ARE FOLLOWING BREAKING NEWS RIGHT NOW A BANKRUPTCY JUDGE HAS APPROVED I PLAN TO KEEP SEARS AND K-MART OPENED FOR NOW. THE $5.1 BILLION PLAN MEANS MORE THAN 400 STORES WILL STAY OPENED AND 45,000 JOBS WILL BE PRESERVED. SEARS CHAIRMAN AND LARGEST SHAREHOLDER IS PAYING THE BILLIONS TO KEEP THE BUSINESS GOING, EVEN […]

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