President Of Company That Tainted West Virginia’s Water Wants To Be Paid During Bankruptcy
Source: Think Progress
The man at the helm of Freedom Industries the company that declared bankruptcy days after polluting drinking water for 300,000 West Virginians in January would like to be paid for his troubles.
Gary Southern, who earns a $230,000 salary, has not received a paycheck since Jan. 19, according to court documents. But he has been working very hard, his lawyers say.
Since Jan. 9 the day when 10,000 gallons of mystery-chemical spilled into West Virginias water Southern as worked 12-16 hours per day, every day. Since March 3, he has worked 10-12 hours per day, Monday through Friday, and has been on call. Those duties have included tending to environmental clean-up efforts, cooperating with a federal investigation into his companies practices, and attending daily meetings with representatives of the state and federal government.
It is not unheard of for a company executive to ask for compensation while he or she works during a company bankruptcy. But each instance is highly scrutinized, and the decision to award such compensation belongs to the bankruptcy judge.
Read more: http://thinkprogress.org/climate/2014/03/17/3414651/west-virginia-spill-bankruptcy-salary/
This guy's arrogance knows no bounds:
daleanime
(17,796 posts)sakabatou
(42,136 posts)tanyev
(42,516 posts)dembotoz
(16,785 posts)and an easier bet than march madnes--bet he gets paid too.
with a bonus
Populist_Prole
(5,364 posts)Really though, my conspiratorial mind thinks this is just part of a coordinated shock doctrine of corporate fascists against the hoi-polloi as a way of demonstrating the absolute power they wield and to intimidate the latter into submission.
freshwest
(53,661 posts)Omaha Steve
(99,494 posts)Was there a whistle blower we could reward?
CatWoman
(79,293 posts)SoapBox
(18,791 posts)FUCK no!
Clear enough?!?
sheshe2
(83,654 posts)QuestForSense
(653 posts)tofuandbeer
(1,314 posts)He quit, but remained on the board for a million a year.
These guys need to go away.
Thor_MN
(11,843 posts)Essentially, salaried employees are paid to get the job done. Welcome to the world of unpaid overtime, A$$hole.
OldRedneck
(1,397 posts)You'd think, at $230,000 a year, he'd have some savings to see him through tough spots. Or don't the 1% worry about savings?
Maybe we could take up a collection for him?
Brigid
(17,621 posts)For poisoning their water supply and for medical treatment for illnesses that crop up later because of his company's criminal recklessness? By all rights he should be in jail.
JoeyT
(6,785 posts)it's people like that guy. Why don't we ever use asset forfeiture on dicks like this?
Judi Lynn
(160,450 posts)notadmblnd
(23,720 posts)would have been intelligent enough to have saved some money to live on during hard times.
Earth_First
(14,910 posts)Afterall, water will be a commodity traded and warred over in the near future.
He'll be sitting on a goldmine.
Jackass.
Bad Thoughts
(2,514 posts)I see no reason to say his work is without value, but it does create the lowest value.