Severance: How to Part on the Best Terms
Recently dismissed chief executives of faltering big-name firms such as Wachovia's (WB) Ken Thompson and AIG's (AIG) Martin Sullivan aren't the only casualties of the economic downturn. Mid- to upper-level executives have also been taken down by the latest downsizing wave. And many of them are looking at their severance packages and wondering how to make the best of a bad situation.
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