More good news!
6 replies (most recent on top)
It doesn't have to be as newsworthy as Enron either. GE is a perfect example of a high and mighty company in the day which is now just a shell of what it was and with a stock price to match. I'm sure there are many other examples.
Why would you have a significant portion of your retirement funds invested in any single company let alone the one you work for? Look at what happened to the folks at Enron who did the same. When the company went south they lost both their jobs and their means to retire in dignity. Wake up folks.
HON stock drop hurt bottom employees much more than it does to DA. Few millions dollars loss means nothing to DA. $10K loss could devastate a worker's 401K. Do you really want to make thousands of workers suffered just to irritate DA a little bit?
Nope. They get more compensation because they need to fix the stock price.
It's good news because it means that DA and his cronies get less compensation.
How is this good news? Or, where will lead to other than more cuts and in turn more disgruntled employee and former employee comments.