One wonders if he wasnt planted at Time Warner just to close the deal with Comcast - eh? The guys been CEO for 2 months????????????? Comeon. This is fishy and needs to be investigated. Mr. Marcus will receive nearly $80 million if the deal closes, a severance payment that amounts to more than $1 million a day in compensation for the less than two months he ran the company before agreeing to sell. Huge golden parachutes are common in big mergers and acquisitions. But the payment to Mr. Marcus, 48, which was disclosed in a regulatory filing on Thursday, is all the more spectacular because he had been chief executive for such a short period. finance.yahoo/news/time-warner-cable-executives-billowing-163730408.html
Posted on: Fri, 21 Mar 2014 05:32:01 +0000