meg whitman

Severance pay practices (often referred to as “golden parachutes,” particularly for high-level executives) are a particularly controversial part of the modern economy, especially since it seems like every day there’s a new story about a CEO who drove his or her company into the toilet, laid off thousands of workers for a short-term stock boost, ignored and insulted the shareholders, and still walked away with millions of dollars of cash in the form of “performance bonuses.” Here are 10 examples of severance packages either big enough or unwarranted enough to angry up the blood. HANK PAULSON ...