PG&E Gave Out Bonuses Prior To Filing For Chapter 11

from the doesn't-look-good dept

It what certainly must be a PR person’s nightmare, PG&E (my rolling blackout provider) apparently gave out bonuses and raises just prior to filing for chapter 11 bankruptcy. The bonuses were in line with an incentive program that was in place. Of course, when a company goes into bankruptcy but still meets certain incentives in an incentive program then you have to wonder about the effectiveness of the incentive program.

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