Subtlety is not one of my strengths

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Tuesday, June 19 2018

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When asked to resign, ask for a raise and a promotion instead (Harvey Pitt strikes again)

BusinessUnfortunately in the business world it doesn't work that way. Harvey Pitt, underfire from congressmen who want him to resign, went to congress this week and asked for a raise and a promotion. He wanted a raise from 138,200 to 166,700 (he made 3 million in 2000 as a lawyer for the accounting industry so I'm sure he feels relatively poor) and elavation to cabinet level position. Even the White House was forced to comment that they did not support the idea but that "it's always a prerogative of independent agencies to talk to Congress." Full Story Here
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Money, It\'s a Gas

BusinessFind out how far behind the Jones you are in earnings...
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Self-interest good; culture of economic bullying, bad

BusinessWow! What a great editorial about the economy and what got us where we are. No dry lecture about market forces; no partisan politics (yeah, it berates President Bush, but just because he's the CEO of USA Corp.)

It's the culture, stupid.

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Army Credits Used for Strip Clubs, Gambling, Elvis Photos

GAO investigation finds U.S. Army personnel have used government-travel charge cards at strip clubs, to book cruises, for Internet gambling, mortgage payments and closing costs, to buy cars, an engagement ring, racetrack betting, Elvis photos from Graceland and other questionable personal uses.

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Greenspan on Execs --

Greenspan coins another term, saying "an infectious greed seemed to grip much of our business community" as huge stock option grants "overcame the good judgment of too many corporate managers." Full Story Here
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Operation WorldCon

BusinessThe Fox News website published a story on WorldCom, which saved a shocking revelation for the end. Seems that the real cause of WorldCom's, and several other corporations' downfalls, was not thieving CEOs or sleazy accountants. No, turns out it was all an al-Queda plot, called "Operation WorldCon." For more juicy details, see Item 4 . The story originally appeared at www.foxnews.com but, alas, has since been removed.
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Joe Six-Pack Don\'t Feel Like Buying

Everyone knows there's a relationship between consumer confidence and unemployment changes.
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Hey, You! Get Off of My Cloud!

BusinessSouthwest's about to start charging people for occupying more than one seat. Seems fair to me. Now if we can figure out a way to charge folks who are smellier, louder, more annoying, ...
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