A new definition of 'chutzpah'
Dec. 9th, 2008 11:04 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
gvdubThat tops (for me at least) the classic definition of a child who murders their parents and then begs for the mercy of the court because they're just a poor orphan.
The CEO of Merril Lynch, John Thain, is claiming that he should be paid a ten million dollar bonus for 2008 because, under his inspired leadership, losses were held to only 11.67 billion dollars.
Really. He's worth every dime.
Just like Sam Zell, who screwed every one of the employees of Tribune Corp. by using their pension fund to leverage his purchase of the company. The deal gave employees putative ownership of the company, but no control, and now those ownership shares are going to be virtually worthless.
Must... keep... head... from... exploding.
The CEO of Merril Lynch, John Thain, is claiming that he should be paid a ten million dollar bonus for 2008 because, under his inspired leadership, losses were held to only 11.67 billion dollars.
Really. He's worth every dime.
Just like Sam Zell, who screwed every one of the employees of Tribune Corp. by using their pension fund to leverage his purchase of the company. The deal gave employees putative ownership of the company, but no control, and now those ownership shares are going to be virtually worthless.
Must... keep... head... from... exploding.