Archive for the ‘Business Stories’ Category
The Ten American Industries Which Will Never Recover
As a result of research performed by 24/7 Wall St., there appears to be several sectors of the economy that have been so severely damaged by the economic collapse that they are in jeopardy of never recovering. If other healthier sectors are unable to absorb these losses, then real recovery efforts for the US economy […]
In: Business Stories · Tagged with: Airlines, American Employment, Bank Tellers, Bureau Of Labor, Bureau Of Labor Statistics, Car Sales, Decade, Domestic Auto Industry, Domestic Car, Downward Pressure, Economic Collapse, Employment Situation Summary, Example California, Foreseeable Future, Global Competition, Global Jobs, Home Construction, Inventories, Jeopardy, Light Vehicles, Local Government Jobs, Losses, Maintenance Services, Mass Layoffs, Massive Layoffs, National Governors Association, Newsprint, Number Of States, Private Industry, Real Estate Values, Recession, Recovery Efforts, Residential Building, Salary Information, Sectors Of The Economy, State And Local Government, State Budget Officers, Tax Receipts, Telecommunications Providers
New GM CEO Akerson To Receive $9M Pay Package
GM’s new CEO Dan Akerson’s compensation package for the next 3 years has just been filed with the SEC. It outlines a total of $9 million dollars to be paid through a combination of salary and stock options. Mr. Akerson is replacing Ed Whitacre who has led General Motors through bankruptcy and the subsequent bailout […]
In: Business Stories · Tagged with: 3 Years, Advisory Roles, Bailout, Bankruptcy, Ceo Compensation, Ceo Pay, Compensation Package, Compensation Plan, Compensation Schedule, Ed Whitacre, Employment, Executive Compensation, General Motors, Gm, Kleis, Million Dollars, Paperwork, Remainder, Salary Information, Securities And Exchange, Securities And Exchange Commission, Stock Options, Stock Worth, Term Stock, Wallstreet Journal
HealthSouth co-founder knows how greed grows on you
By John L. Smith Aaron Beam always had an affinity for the land. He tells me offhandedly he always was happiest in a garden. Beam chased a different green as a founder and chief financial officer of HealthSouth Corp. Building an enormous publicly traded health care provider made him wealthy, but in the end Beam […]

In: Business Stories · Tagged with: Alabama Gov, Exponential Growth, Family Mansion, Federal Prison Camp, Financial Frauds, Gov Don Siegelman, Health Care Provider, Healthsouth Corp, John L Smith, John Laub, Material Possessions, Multibillion Dollar, Necktie, Outpatient Health Care, Outpatient Rehabilitation, Richard Scrushy, Speaking Engagement, St George Island, St George Island Fla, Tuesday Morning