Originally Posted by
FlyingKat
This means one of two things. Menke has given up on voluntary concessions and has decided to make as much money as possible before filing BK when the company will be under court supervision and will use BK to impose reductions on employees.
OR
He has been able to negotiate changes to our agreements that will allow the company to make money and employee concessions are not needed to go forward.
I'm hoping its the latter, but my gut tells me its the former...
If it was the latter, the press release would be about his huge success and his raise would only be mentioned as a footnote.
As his raise is subject of the whole article, I fear the former is true.