Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers
November 21, 2018
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10:49Now PlayingSears Bankruptcy Engineered to Benefit Executives and Stiff Workers
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as posted by the channelExecutives of Sears stand to gain up to $1 million in bonuses, should Sears be liquidated, and $500,000 if it’s restructured. Meanwhile, ordinary workers at Sears are being laid off without severance payments. Bill Black talks about how US bankruptcy law is rigged to favor executives
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