Paid To Fail: Bankrupt American Airlines CEO Slated For $20 Million Severance

March 29, 2013   |   March 2013 Bond Updates
When I first read the headline that Honorable Judge Sean Lane had objected to the $20 million proposed “bonus” payment slated for outgoing AMR CEO Tom Horton, I was encouraged that finally, someone had pulled a (Judge) Rakoff, and objected to a settlement based on the moral principles of Justice, fairness and reason.

View more at: http://www.forbes.com/sites/richardfinger/2013/03/29/paid-to-fail-bankrupt-american-airlines-ceo-slated-for-20-million-severance/
 
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