Executives Love to Give Themselves Bonuses Right Before Their Companies Go Bankrupt
Hamilton Nolan · 12/04/12 11:09AM![](http://d20hvt89h2l7r8.cloudfront.net/187bk9nf4bn4gjpg/c_scale,fl_progressive,q_80,w_800.jpg)
Twinkie maker Hostess pissed off a lot of reasonable people by not only cutting worker pay while leaving the CEO's pay untouched, but also giving executives $1.75 million in bonuses at the same time they are liquidating the company and laying off 15,000 workers. That's some brazen shit. More enraging is how typical such behavior is.