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Thursday, Jun 06, 2002

soft landing

"After more than a decade of munificent salary-and-stock packages, many of America's corporate chieftains are departing with big retirement packages, provoking anger among some worker and shareholder activists."

"We're seeing the most obnoxious compensation packages in history" at a time when fewer workers have guaranteed retirement income, said John Hotz, deputy director of the Pension Rights Center, a nonprofit consumer organization."