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"THE ONLY THING NECESSARY FOR THE TRIUMPH OF EVIL IS FOR GOOD MEN TO DO NOTHING"
--Burke

Monday, October 22, 2007

Bankruptcy court approves raise for Asarco CEO

"Bloomberg News Tucson, Arizona | Published: 10.22.2007 A judge ruled that Tucson-based copper producer Asarco LLC can raise the salary of CEO Joseph Lapinsky from $425,000 to $500,000, pay him an $85,000 bonus, and make him eligible for another performance bonus for as much as 75 percent of his salary payable at the discretion of the board, Bloomberg News reported...."
http://www.azstarnet.com/sn/allheadlines/207336.php

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