Grubman resigns!

[Nomiprins at aol.com]

In a message dated 8/15/2002 8:39:55 PM Eastern Daylight Time, 
carlremick at hotmail.com writes:


> "Grubman will receive $32.2 million in severance pay, including the 
> forgiveness of $19 million in a loan he received from the company four 
> years 
> ago, according to a report by Bloomberg News. He will also receive $12 
> million in restricted stock and options, the report said."
> 
> 

JG doesn't seem 'embattled' enough to turn away the dough.One can only hope 
that his legal fees surpass his obscene severance package. I just found out 
that Lizzy and Jack are related. She'll be needing a cut for legal fees too. 
Nomi
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