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He's probably using his nice golden parachute to soften the landing.
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I heard he's not getting one.
From today's Detroit News:
"Wagoner, who had agreed to work for $1 a year, is barred from getting a golden parachute or a big severance package under the terms of the government's Troubled Asset Recovery Program."
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How bout a baloney sangdwich and a low mileage Olds Alero. That seems more than fair to me.