Showing posts with label 2009 va governor candidate creigh deeds circuit city executive bonus employee health care bankruptcy. Show all posts
Showing posts with label 2009 va governor candidate creigh deeds circuit city executive bonus employee health care bankruptcy. Show all posts

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