I read this morning that QuebecorWorld is seeking approval from the courts to pay 4.6 million dollars in bonuses to managers. The bonuses range from $700 to $132,000 and apparently were ‘earned’ last year prior to the filing. Well, I have news for QuebecorWorld and the courts….all the money owed to vendors was also ‘earned’ prior to the bankruptcy filing.
Seems vendors who continue to stand by you should be paid first. As for those of you who may not get bonuses, you are individuals with families and I feel for you I really do. The ownership of some of the small companies stuck in the bankruptcy also have families and we probably will never get paid in full for work we did in good faith.
Sorry for the rant…back to regularly scheduled postings later today 🙂