Re The Price of Any Departure Will Be at Least $159 Million by Eric Dash in today's NY Times:
When you or I screw up big-time on the job, we are fired unceremoniously. So be it. But when the filthy rich screw up, they are rewarded big-time.
Quote from the article:
"Merrill Lynch's directors may be weighing E. Stanley O'Neal's future, but one thing is already guaranteed: a payday of at least $159 million if he steps down."
Just a regular day in our "tournament" capitalist system.
Saturday, October 27, 2007
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