And the absurdity continues.
The executives who run companies into the ground continue to get rewards “retention” bonuses and the rest of us get laid-off. In the fine tradition of AIG rewarding the brainiacs who led us all into this global economic melt-down, the geniuses who took Nortel from $250 billion market cap to $65 million market cap and bankruptcy are being rewarded with “retention” bonuses of $ 30 million dollars. With performance like that, why they are being retained for any reason?
rb- At least the Nortel “retention” bonuses are not being funded by my tax dollars (yet).