Golden parachute

RECENT NEWS
Clusterstock  May 26 
Consider this a service to anyone out there at a TARP bank, trying to figure out how to send your executives packing with a fat suitcase full of cash. See, technically you're really not supposed to pay golden parachutes out while your sucking on...
LOLFed  Oct 16 
OK, the restrictions in the bailout bill on those scandalous golden parachutes have been done to death, so here's some info on a scandal involving a golden toilet. From WSJ: HONG KONG -- 3D-Gold Jewellery Holdings Ltd. said it has called in...
The Political and Financial Markets Commentator  Sep 16 
What is the deal with Golden Parachutes? I sit fixated in front of my T.V. and watch as companies go bankrupt, companies appear to be on the edge of bankruptcy and the financial system creaks under the strain. I see tens of thousands of...
Stock Trading To Go  Sep 8 
A golden parachute is a term used to describe what benefits top executives receive when their company gets taken over (bought out, etc.) by another company, and they lose their jobs as a result. What benefits do golden parachutes come with? Golden...
Stock Trading To Go  May 1 
This is a good one to add to the stock lingo collection here at Stock Trading 101. A golden parachute is a term used to describe what top executives get which are crazy benefits when their company gets taken over (bought out, whatever) by another...
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