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Morality Play

Friday, June 15, 2012

Getting fired is never fun, but American executives often get massive severance packages that cushion the blow. For example, when Robert Nardelli left the CEO spot at Home Depot in 2007, he walked away with a separation package worth approximately $210 million.

Gerard J. Arpey, former chairman and CEO of AMR Corporation, the parent company of American Airlines, surprised a lot of people when he resigned last November without a parachute or severance package. Op-ed writers in the New York T

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