Judge blasts bankrupt Hertz’s ‘offensive’ plan to pay big bonuses

A federal judge blasted bankrupt car-rental firm Hertz’s proposal to pay top executives millions of dollars in bonuses as she shot down the plan Thursday. US Bankruptcy Judge Mary Walrath directed the beleaguered company to revise its “offensive” proposal offering up to $14.6 million in bonuses to Hertz employees, including $5.4 million for senior executives…. Continue reading at New York Post