Monday, September 15, 2008

In a just world, the clerical staff would win this round

Years ago, Merrill Lynch demoted my friend and many others of their staff to non-living wages. The alternative for those employees was seeing their positions cut entirely. At the SAME TIME that Merrill Lynch was cutting the salary of their staff, they were proclaiming the highest profits in company history.

Now the company gets karmic payback and is bought out. Too bad the bigwigs that stepped all over the staff will probably get golden parachutes and the staff will probably get downsized.

I wish the shareholders would vote down any golden parachutes for execs who stomped all over the people whose work keeps the company functioning. *THAT* would be a long-overdue visit from the Karma Train for those individuals.

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