#Business
Target:
Congress, United States Energy Department, Senate
Region:
United States of America

On 02/26/2012 on Fox News website there's a report called Layoffs, Pay hikes at Green Co. That Got Gov't Loans.

A Green Company received a $390 MILLION in Government Subsidies and is laying off 125 employees but the top Executives of this Company is receiving a RAISE. Their compensation committee approved a $30,000 raise for their CFO and their 2 VP's that also got pay raises

This kind of action needs to STOP. They need to be held responsible for their actions. Why give a raise when a company is loosing money after receiving loans from the Government and then laying off workers. This is totally wrong.

Why is our Government allowing this to happen? We wonder why so many people are out of work but they are willing to take tax payers money to boost their own pockets.

I do agree with rewarding executives when a Company is doing good and choosing what's best for their workers. But I do not agree with taking all this money from Tax Payers and Companies are going under and loosing a lot of money every quarter then on top giving top executives raises and bonuses and forgetting about the workers and laying them off. We are giving them a whole lot of money to fatten their own pockets when the Companies are going broke and laying off the workers. This is why I am upset. It's not fair to these workers at all to be laid off while the Executives get raises and bonuses on a tax payers expense. I am sick and tired of us tax payers having to foot the bill so executives can fatten their pockets who don't care about the hard workers.

I am starting this Petition to send to our Senate, Congress and the United States Energy Department. These Companies need to be held accountable for their actions.

If you feel totally against this please join me and try to stop malicious behavior like these Companies are continuing to abuse tax payers money.

The Stop Compensating Failure for Executives With Government Loans petition to Congress, United States Energy Department, Senate was written by Anonymous and is in the category Business at GoPetition.