Under the heading "Corp Compassion", the "Screw U" category:

[splat@14]

Independence Air ceases operations tonight and I'm sure that those that will lose their jobs will be happy to note that the CEO is not gonna be out there competing for those Walmart positions. Seems he sewed up his salary months before......
Splat


Independence Air chief protected compensation, experts say
Independence Air Chief Executive Kerry B. Skeen may have protected deferred compensation by negotiating his contract before the airline filed for bankruptcy protection, the Washington Post reports quoting bankruptcy experts. In March, Skeen swapped his unsecured claim for $3.4 million in compensation for a life insurance policy in which the funds were invested. Skeen was not available for comment, but an Independence Air official said a bankruptcy court would have approved the exchange.
(Washington Post story....didn't post the link as you'll have to register)


And, speaking of Wal-Mart, the Dumas Arkansas store closed its doors on 12/27 putting about 60 associates on the street. They were told they had to stay until the store closed to get their severance in case you were wondering why anyone would hang around assuming they knew it was to be closed. In the spirit of the season (only two days past Christmas - still feeing warm and aglow!), they gave each associate a $10 gift certificate. Jesus-General has some nifty ideas on how to get the biggest bang for those bucks!
Splat!
http://patriotboy.blogspot.com/


Thursday, January 05, 2006

Wal-Mart cares

Col. Steve from Murphysboro sent me a very moving holiday Christmas story about Wal-Mart's generosity. As the ultimate example of what it means to be an owner in Our Leader's Ownership Society, Wal-Mart didn't need to give Christmas gifts to the sixty associates they were firing. But they did just that when they gave each one a $10 gift certificate on the day they announced the closure of their Dumas, AR store.

What will these lucky former employees buy when they drive to the nearest Wal-Mart, nineteen miles away. Well, I have a few suggestions, books and CDs that can be purchased with their $10 gift certificate.

First, I suggest that they buy something to honor their ex-employer's generosity.

Wal-Mart Family Cookbook: Midwest/West Region
At a little under 5$, they could also pick up the Southern Region cook book as well. Unfortunately, they don't carry one for Utah, but since the food of my people, green jello and red punch, is easy to make, I don't feel slighted
Follow the link:
http://patriotboy.blogspot.com/

[SeattleRob]

1. Such generous souls at Walmart!

I like the General's suggestions of what to buy with the lousy ten bucks!

[HR_Pufnstuf]

2. Anyone know if MallWart owns the Smiley Face now.

Do they own the rights to that 70's icon, or did they just steal it?