After the Aurelius judgment, Windstream owed $310M, plus another $60M in back interest. At the time it had just $37M on it's cash balance sheet. And in the midst of this cash crunch, TT decides it's a fine time to take $5M out of employee accounts payables as a personal bonus, board approved. Reports are that employee checks are bouncing, and payroll is quibbling over bounced check fees. Makes
what went down at Worldcom with Bernie Ebbers look like honest dealings.
They are planning layoffs as we speak, don't trust the crook even if he cries. LMAO
"Will TT go to prison andsharea cell with Ebbers.? Come on WS fired the vp,s and middle guys and letemployees buy the company"
TT will probably hire Bernie Ebbers and Bernie Madoff on the executive board so the executives can really start rolling in the dough!
Will TT go to prison andsharea cell with Ebbers.? Come on WS fired the vp,s and middle guys and letemployees buy the company
just curious, what's your source for this?
TT decides it's a fine time to take $5M out of employee accounts payables as a personal bonus, board approved.
some useful information, you might not have seen this:
https://www.arkansasbusiness.com/article/125682/windstream-extends-ceo-tony-thomas-contract-to-2024
https://www1.salary.com/Tony-Thomas-Salary-Bonus-Stock-Options-for-WINDSTREAM-HOLDINGS-INC.html
"How corrupt are Windstream execs?"
very