Something to unifiy the Pinnacle holdings pilots.

[bri5150]

What kind of BS is this?

http://biz.yahoo.com/e/111025/pncl8-k.html

Mr. Shockey getting $34k a month in severance for the work he did? Give me a break.

 

[IBNAV8R]

So, they fired him and paid him $700K plus stocks so he wouldn't sue.

 

[WIPilot]

and yet the golden parachutes of PT or DS are never mentioned in any of the financial reports I have read from PNCL....

 

[WMUSIGPI]

it is effectively an insurance policy to protect the company from any possible future litigation or slander. It is standard language in a severance contract.

 

[rene]

it is effectively an insurance policy to protect the company from any possible future litigation or slander. It is standard language in a severance contract.

and you know this how? What standard language governs a severance agreement when the employee resigns? As a matter of fact if an employee resigns he/she usually only receive earned vacation.

This is compelling evidence that both individuals were fired.

 

[Amish RakeFight]

Definitely a termination.

 

[brokedash]

and you know this how? What standard language governs a severance agreement when the employee resigns? As a matter of fact if an employee resigns he/she usually only receive earned vacation.

This is compelling evidence that both individuals were fired.

Renee,

They're talking about a removal from the executive bull pen. Not a standard employee handing in their notice.

 

[altimaklr]

and yet the golden parachutes of PT or DS are never mentioned in any of the financial reports I have read from PNCL....

Check out the last quarterly report. It's all in there. And it's disgusting.

 

[flap operator]

And they're not going to spring for black winter jackets for the Mesaba people? WTF? Disgusting, no matter how normal golden parachutes are.

 

[dueguard1]

...nothing more concise why I ain't apart of this industry any longer...