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Bankrupt Solyndra seeking to pay bonuses

News Link  •  Government Waste

Bankrupt Solyndra seeking to pay bonuses


01-12-2012  •  www.washingtontimes.com 

Now seems an unlikely time for handing out bonuses at bankrupt Solyndra LLC, but that’s the plan of company attorneys intending to dole out up to a half-million dollars to persuade key employees to stay put.

Nearly two dozen Solyndra employees could receive bonuses ranging from $10,000 to $50,000 each under a proposal filed by Solyndra’s attorneys in U.S. Bankruptcy Court in Delaware.

The attorneys say the extra money will add motivation at a time when workers at the solar company have little job security and more responsibilities because so many of their colleagues have been fired.

The names of the bonus-eligible employees are not disclosed in the court filings that outline the bonus proposal. None of the employees is among the so-called corporate “insiders” — top officers or members of the board of directors, records show.

 
 
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Reported by Donna Hancock
4409 you tube Mark Victor attorney for Freedom AttorneyforFreedom.com
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Tags: unlikely, handing, bonuses, bankrupt, solyndra, that’s, company, attorneys, intending, million, dollars, persuade, employees
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