<![CDATA[Rick Wagoner Gets Over $10 Million In Exit Package From GM]]>

1.0 link 232339 <![CDATA[Rick Wagoner Gets Over $10 Million In Exit Package From GM]]> http://www.huffingtonpost.com/2009/07/14/rick-wagoner-gets-82-mill_n_232339.html DETROIT (AP) -- Former General Motors Corp. Chairman and CEO Rick Wagoner will retire Aug. 1 with a pension and benefit package the automaker valued at more than $10 million.

Wagoner, 56, who was ousted by the Obama administration on March 30, will get $1.64 million in benefits annually for each of the next five years, plus an annual pension of $74,030 for the rest of his life, according to company documents filed Tuesday with the U.S. Securities and Exchange Commission.

The...

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