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Archive for the 'bankruptcy' Tag

Sensitive stuff at Cintas…

Friday, August 1st, 2008

Earlier this year a Canadian publication called uniform maker Cintas Corporation (CTAS) one of the best employers in Canada. But last week, here in America, a union-backed group – angered by the 2007 death of a Cintas worker dragged into an industrial dryer at the firm’s Tulsa plant – embarked on a “Painful Truth Tour” [...]

A sense of entitlement at Delphi…

Wednesday, February 20th, 2008

Last month, a federal bankruptcy judge in New York ordered Delphi Corp. (DPHIQ) to cut the $87 million in bonuses it planned to pay 560 executives — including $8.3 million set to go to Chairman Robert “Steve” Miller in order to get its bankruptcy reorganization plan approved. The Judge said a more reasonable number was [...]