Friday, September 25, 2009
Loyal Employee Burned By Bankruptcy Considering Revenge Default On Mortgage
I can understand the temptation, but she's only going to end up hurting herself in the end. Executive compensation is a joke in the US. The CEO of the world's largest bank (Chinese, of course) was compensated ~$237K last year - go figure! The uber capitalist system State-side turned these utterly clueless/useless "upper management" suits into industry rock stars, lavishing mega salaries and bonuses; they couldn't manage their sock-drawers let alone a multi-billion dollar company
I pitty the a$$h0les who continue to worship the "value" of the Board/Directors/Chairs and CEOs of publicly traded companies - they don't know their a$$ from a h0le in the ground when it comes to running a business and who have no compunction in pi$$ing away common-stockholders' money! They can all rot in some far flung jail.
Read the Article at HuffingtonPost