Rockfeller did the same thing to a bunch of ranchers in Jackson Hole, Wyoming.
Jr. hired some lawyers who went around the valley buying up family ranches. One of their schemes was to offer a life time job.
The trusting ranchers often only got a verbal promise of wages for life and were fired after a few months when the title work was completed.
So, if someone calls you a “Jackson Hole”, they’re implying you’re no good for your word?