Chrysler execs gain 30 million bonus. Nice.

When Chrysler broke off from Daimler in early February 2007, there was a general uneasy feeling as to where the company would go and its likelihood of success. When the contracts were signed and all of the i's dotted and t's crossed, there was a stipulation for the executives that "stayed on" during the transition--in the form of bonuses for those that did, a sign to potential suitors that the company would be able to keep its top level personnel.

That bonus is due to be paid out--to the tune of 30 million dollars across the board. Yes, you heard that right--in the time that the company is talking of mergers, talking of bankruptcy, talking to congress to ask for more than the 25 billion that they have already earmarked.

“We all would be smarter if we knew what we know now back in February of ‘07,” said Nancy Rae, executive vice president for human resources and communications. “Probably a lot of different decisions would be made.”

Gee...ya think?

Talk about your all-time backfires.

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Chrysler execs gain 30 million bonus. Nice.

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