From twitter: Priorities

Book retailer Borders Group Inc., which is shuttering hundreds of stores in a bid to stay alive, is seeking bankruptcy court approval to hand out as much as $8.3 million in executive bonuses, including nearly $1.7 million to President Mike Edwards.

Papers filed with the U.S. Bankruptcy Court in Manhattan outline a proposed bonus program that is keyed to the company either reorganizing under Chapter 11 or selling itself as a going concern. The bonus proposal is due for review April 14. http://online.wsj.com/article/SB10001424052748704474804576222642969830886.html?mod=wsj_share_twitter