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Message Subject GE Exec being paid $89,000 a month until 2022 to NOT work.
Poster Handle Truthache
Post Content
The total value of this "retirement package" is just under $30 Million.

To put it in another perspective
Jack Welsh recieved $400 million when he retired from GE.

I'm all for the open market, I just find it fascinating and nearly incomprehensible that this makes perfect financial sense for ANY company.
 
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