To: digger48
"Edelman hired him as Kimber's chief financial officer on a consulting basis and paid him an annual salary of $125,000 [for 8 years]. Prosecutors say Edelman also approved a one-time, $3 million bonus ... helped the firearms wholesaler go from a startup to a $40 million-a-year business, earning himself a $5 million bonus in the process."There's bound to be more than this story (e.g. sloppy reporting).
$3 million bonus plus $5 million bonus plus 8 years of $125,000 each equals: $9 Million legit...versus a $10 Million government claim.
That's a 10% dispute. Odd.
7 posted on
04/18/2006 9:12:48 PM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
Maybe the government is claiming that the $10 million is over and above the annual salary and the $3 million bonus. Shusterman's lawyer is the one claiming that Shusterman got another $5 million bonus. That may have been embezzled and part of the $10 million.
11 posted on
04/19/2006 6:36:07 AM PDT by
looscnnn
("Olestra (Olean) applications causes memory leaks" PC Confusious)
To: Southack
WOW a bonus that equals 1/8 the gros sales of the company. Are they still lloking for areplacement.
13 posted on
04/19/2006 9:43:55 AM PDT by
wordsofearnest
(Bring Back Torre (There's new grass on the field))
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