Saturday, November 29, 2008

Busniness give bonuses

In Chicago Peer bearing co. are giving suprsie bonuses to surprise employees. Spungens threw a party and gave Peer bearing co employees a $6.6 millon bonus.
for thanksgiving."My grandfather was always charitable," said Danny Spungen, grandson of Peer founder Nathan Spungen. He said Laurence and Florence Spungen and their four children decided on a bonus formula a year before the acquisition closed.

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