HOME
WEEKEND
BIG MEDIA
MAGAZINES
VIDEOS
TECH & MEDIA
B2B
FEATURE
NEWSPAPERS
ADVERTISING
CABLE
RSS
SEND TIPS

    Get Media Wire Daily
    delivered to your inbox

    Advertisement

    ADD the Media Wire Daily widget to your desktop or website!

Connect

 
Web Media Wire Daily
Untitled Document

Mo Money Mo Problems: Investors get green light to sue the pants off Sumner Redstone and company

Published: Friday, June 30, 2006

A judge gave a group of pissed off investors the all clear to take it to the courts over the high pay given to Viacom's top brass. The suit claims that the company overpaid Chairman Sumner Redstone and other executives even as the company suffered a record loss. Naming names we are going to say Tom Freston and MTV bosswoman Judy McGrath are also probably named in the suit though we could be wrong. And we thought Sumner gave up his CEO title to Tommy Boy? Anyway corporate greed is the norm these days, and it's the little people who suffer.

Labels: JudyMcgrath

Comments on "Mo Money Mo Problems: Investors get green light to sue the pants off Sumner Redstone and company"

 

post a comment
ABOUT FEED

© 2006  Mediawiredaily.com