With All This Economic Unrest, Why Didn’t Anyone Offer Me a Golden Parachute? (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comment

It seems that everywhere we look this week we’re hearing talk of the troubled American economy. From national morning talk shows to local morning coffee shops, everyone seems to be talking about how the U.S. economy is in a state of emergency and action needs to be taken quickly.

An underpinning of all these discussions is the talk that an advantaged few have been escaping economic ruin by way of “golden parachutes.” In other words, they have an “ace the in hole” financial plan or company compensation plan that means they are exempt from the poor decisions or risky behavior going on around them, potentially leaving others to suffer while they ride off into the sunset unharmed.

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