 tim_kButtons, Bows, Beamer, Shadow, KaseyPremium,VIP join:2002-02-02 Stewartstown, PA kudos:13 | reply to SteveCon
Re: Regulators blew it when demanded unmeetable conditions said by SteveCon:Management is 100% responsible for this mess. They have potentially ruined the livelihood of thousands of FairPoint employees in northern New England, and thrown their customers in the whole region (and maybe their entire footprint) into even more chaos due to uncertainty than when they were "running the business" Way to go FairPoint upper management! quote: FairPoint Communications' top executive received $1.2 million in salary, bonus and stock awards last year, including a 30 percent increase in his base salary after the company's purchase of Verizon's landline network in northern New England.
»pressherald.mainetoday.com/story···d=254570
One thing you can always count on when these types of deals are made. The top executives will always make out like bandits. Just watch, soon they will be asking for concessions from the union and will lobby the court to allow 'retention bonuses' for top executives. -- RIP my babies Buttons 1/15/94-2/9/07, Beamer 7/24/08, & Bows 12/17/94-10/11/09 |