That comes out to abnout $87,000 per employee. I’m sure those lower pay scale employees who really appreciated that were happy to get…oh, wait. What’s that? Of that amount, a total of $11,276,700 was handed out as bonuses to BDC’s top 10 executives. of course, give money to those that least need it. Yay capitalism.
No, it’s a capitalism thing, because the same thing happens in private industry with depressing regularity: labour actually delivers the value, and capital takes the credit and thusly the rewards.
I agree that those are good examples of the weakness of capitalism, but the original post is more about government corruption since it is a government-owned company.
Also, $11 million to the top 10 vampires. It’s not like from that point on it was all shared equally. I wonder what was left after the rest of the worthless executives got their blood money. Nope, shit like that is always in favor of further wealth distribution from the lowers.
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That comes out to abnout $87,000 per employee. I’m sure those lower pay scale employees who really appreciated that were happy to get…oh, wait. What’s that? Of that amount, a total of $11,276,700 was handed out as bonuses to BDC’s top 10 executives. of course, give money to those that least need it. Yay capitalism.
Isn’t that more of a general corrupt government thing as opposed to a capitalism thing?
No, it’s a capitalism thing, because the same thing happens in private industry with depressing regularity: labour actually delivers the value, and capital takes the credit and thusly the rewards.
Case in point.
I agree that those are good examples of the weakness of capitalism, but the original post is more about government corruption since it is a government-owned company.
Tomato, tomato at this point.
Is that a problem? $11M out of a pool of $250M doesn’t seem ridiculous. That still leaves over $80,000 per employee.
I think $1 million bonuses are unconscionable.
Also, $11 million to the top 10 vampires. It’s not like from that point on it was all shared equally. I wonder what was left after the rest of the worthless executives got their blood money. Nope, shit like that is always in favor of further wealth distribution from the lowers.