Friday, February 27, 2009
Deeds Stands Up for Circuit City Workers
Creigh Deeds Stands Up for Circuit City Workers
Thanks to Anonymous Is a Woman for a very good post on her site!
Senator Creigh Deeds called on Circuit City CEO James Marcum today to keep his laid-off employees from losing their health care coverage and forgo his request for more than $4.6 million in bonuses for senior executives. Circuit City announced yesterday that all employees will lose their health insurance on March 31st and will not be eligible to extend their coverage under the COBRA health care program. The news broke the same day a federal bankruptcy judge approved more than $4.6 million in bonuses for corporate executives.
Read the story at the Anonymous Is a Woman blog