Tuesday, August 28, 2012

Reuters: Bankruptcy News: BRIEF-ResCap bonus plan rejected by U.S. bankruptcy judge

Reuters: Bankruptcy News
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BRIEF-ResCap bonus plan rejected by U.S. bankruptcy judge
Aug 28th 2012, 22:11

Tue Aug 28, 2012 6:11pm EDT

Aug 28 (Reuters) - * U.S. bankruptcy judge rejects residential capital llc plan to pay up to $7

million incentive bonuses to 17 senior executives -- court ruling * Judge martin glenn said rescap plan as designed is "primarily retentive" in

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