Wednesday, March 18, 2009

Bonus or Employee Compensation ?


Regardless of the excess, one of the problems is terminology.
Most people associate bonuses with profit or earnings.
AIG was unofficially bankrupt and the money used was taxpayer dollars not profit.

Rewarding someone for bankrupting a company goes against common sense.
Call it by another name and the emotional link would be weaker.

Some of the people received bonuses of one-million dollars.
This would take one taxpayer, paying $7000 per year, almost 143 years to recover,
(not adjusting for inflation).

All these numbers are so out of ordinary context!
Has McDonald's served this many hamburgers yet???

1 comment: