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Top players in the savings and loan bailout of the 1990s are seeking to capitalize on the latest economic meltdown.

Dow and Rohm shares fall on concern over deal (Reuters)

Reuters - Shares of Dow Chemical and Rohm & Haas plunged by more than 20 percent on Monday, after Kuwait scrapped a $17.4 billion joint venture with Dow, potentially upsetting its plans to buy rival Rohm & Haas.

ADDITIONAL INFO You do not want to stray and give the laid off worker any legal footing. While you clearly cannot discuss the reasons for the layoff with your other personnel, you should call them together in a meeting and explain the high level employee will no longer be working for the business. The next best reviewer is the bad employee's hiring boss. Specifically inform him what he's accused of and the suspension gives you time to study the overwhelming misbehavior. You should make sure you have enough proof the jobholder will not return to work. You can create one of these using your separation memorandum template. o A separation contract you expect the employee to sign when accepting an increased dismissal package - Typically, a worker has 3 weeks to sign-up for this package. The longer you wait before punishing theft, the more money your business could potentially lose. Suppose the man has the most potential, and we didn't have the enough business to support 2 sales professionals. The ex-employee's lawyer will use it against you in court. To make matters worse, you must know the average award in a unlawful layoff trial is $536,927 (according to Jury Verdict Research) and the jobholder wins about 70% of the time (according to Steven Mitchell Sack in Getting Laid off.)

Therefore, you have a good chance of dismissing the employee for resume fraud. The lay off memorandum itself is a legal document. Step 4: Call The Separated Worker. This article describes some parts of such a letter. o Repeatedly breaking minor policies, processes and rules.