Thursday, October 22, 2009

Why Is GE Exempt From Government-Ordered Pay Cuts?

Since the government is now deciding who gets paid what at companies that received TARP bailouts, it begs the questions: Why are employees of General Electric, owner of NBC-MSNBC, Obama's favorite network, exempt from these pay cuts?

Oh, they have a loophole as noted in this item from a few months back? How convenient.

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