Home  Finance Articles  Discussion  Our Blog / Member Blogs         
SavingAdvice.com Logo Grocery Coupon Money Saving Guide
A guide that shows you how to save money on groceries
Teaching you to Save Money

<< Blog Home

Financial Wake-Up Call 3-22-2007


Financial wake-up callA Refreshing Refusal: With all the greed we read about in regard to those leading companies, here is a hugely refreshing take on an executive that was supposed to receive $10 million under the company’s restructuring:

It is even more distasteful when insiders use the bankruptcy process to enrich themselves, as happened last year at United Airlines. Some 400 executives walked away with 8% of the newly reorganized company in the form of restricted shares worth about $ 400 million. (They originally wanted 15% of the company.) CEO Glenn Tilton, a relative newcomer to United and the airline industry, got shares worth more than $40 million. This bounty was made possible in part by pay cuts in the range of 10% that United workers had agreed to.

All of which is why the decision by Delta Air Lines CEO Gerald Grinstein to forgo the $10 million he would be due under a restructuring plan at his company is all the more commendable. Grinstein said Monday that his money should go to scholarships and hardship assistance for struggling employees and retirees.

Kudos to you Mr. Grinstein.

Convince Your Boss to Let you Work from Home: Some great hints on how to convince your boss to let you work from home.

10 Internet Businesses You Can Start with as Little as $100: So you want to start a business, but don’t want to spend a lot of money doing it. Here is a list of 10 businesses you can start for under $100 on the Internet. This is not even close to being exhaustive on the subject, but may spark a few ideas and that is always a good thing.



Write a Comment

Take a moment to comment and tell us what you think. Some basic HTML is allowed for formatting.

Your Comment:

Reader Comments

Be the first to leave a comment!



About Us | Advertising | Privacy Policy | Link To Us | Related Resources | Webmasters | Media | Site Map | Contact Us

Copyright ©2002-2008 SavingAdvice.com. All rights reserved.

Please read our Disclaimer

 

Partners
Admin