Um. So Energy Future Holdings (BANKRUPT) wants to pay managers secret bonuses Somervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


 
Almost $10.5 MILLION BUCKS in bonuses

Um. So Energy Future Holdings (BANKRUPT) wants to pay managers secret bonuses
 


11 August 2014 at 3:55:09 PM
salon

Bloomberg Okay, read this and see if this doesn't make your head spin

Energy Future filed for bankruptcy in April, listing $49.7 billion in debt. A plan negotiated with senior lenders to split the Dallas-based company in two and give each piece to a different group of creditors was abandoned last month in the face of opposition by lower-ranking debt holders.

One program would pay as much as $7.93 million next year to 26 executives. The other would pay as much $2.56 million beginning later this year to 19 employees the company considers “key leaders.” The proposal, which needs approval by U.S. Bankruptcy Judge Christopher Sontchi, doesn’t say how many of the executives may be eligible for both. 

 

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Comments

salon > Quick update on this, via Pacer-Click on pic to see larger (Turk Case Update- Telephone Conference Hearing Set for March 8 2019 )

salon > Lance Been awhile. Send me an email at salon@glenrose.net with the names of who you're talking about, above. Also, the newspaper editor is no longer local, ie officed here, but the paper is run.... (What Happened to Jerry Jacene? )

LanceHall > I'd love to see the Hotel Guest books and see if Jacene's name shows up long before he officially *found* the tracks.  I'd like to know if the Visitor's Bureau has emails wit.... (What Happened to Jerry Jacene? )

LanceHall > I see the land or that part of it is now in the hands of Glen Rose's own Corky Underwood. Is Jacene still involved?   I had already informed the Visitor Bureau manager (who's.... (What Happened to Jerry Jacene? )





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