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: Crime & FederalismAmerican Rage
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Hewett Packard's CEO Mark Hurd was fired for stealing company funds. He stole company funds by falsifying expense reports.
What would happen to an ordinary employee who falsified expense reports? Think for a minute. Might police be called? Might he be sued? I can think of many negative possibilities.
One thing I cannot imagine is that the employee would be paid severance. Can you imagine that?
In Mark Hurd's case, however, a severance package he received. How large? Fifty million dollars.
Meanwhile, what happened to the HP employees who lost their jobs not after committing theft, but after HP CEO Mark Hurd realized he could get a larger bonus by outsourcing their jobs? As one employee reports:
I have just been fired by HP as part of their 'workforce reduction program' through no fault or underperfomance on my part...continue to full postFull post as published by Crime & Federalism on August 07, 2010 (boomark / email).
Lawsuits and Settlements
American Airlines Settles Price Fixing Class Action
American Airlines Settles Price Fixing Class Action
American Corrective Counseling Services to Pay $2.55 Million In Pennsylvania Class Action
American Corrective Counseling Services to Pay $2.55 Million In Pennsylvania Class Action
First American Corporation
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American International Group, Inc.
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First American Corporation
401k / ERISA Stock Fraud
American International Group, Inc.
401(k) / ERISA Stock Fraud
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