The way I see it is, they get paid $60k in cash, $15k (your #) in current benefit, but $75k in benefit they’ll receive when they retire themselves. My question is, why draw a hard line in the sand when negotiating w/ a company that is on the verge of bankruptcy?[/quote]
because the management keeps increasing their perks and salary.
wagoner is making 2.7 million a year and has a bonus package
worth up to 10 million
