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How Taxes and Takeovers Figure Into Golden Parachute Cushion for Executives
The Washington Post; subscription may be required Link to more items from this source
Apr. 27, 2007
Excerpt: For many top executives, losing their jobs could be lucrative. For Sprint Nextel chief executive Gary D. Forsee, it could trigger as much as $73.8 million in pay and benefits, depending on the circumstances. An excise tax would take a bite out of that sum, but it would not be Forsee's problem. Sprint would cover the bill at a cost of $16.1 million.

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