Tuesday, September 23, 2008

A pity that this wasn't about the Lehman guys

Or the WorldCom and Enron guys. The Lehman execs are going to receive a 2.5 BILLION dollar bonus/payout that is protected by the Bankruptcy courts in the Buyout of that firm. Where the hell is the accountability? 2.5 BILLION for abject failure? jesus. Words fail me when it comes to these top level execs, and how they can in good conscience live with themselves after this kind of disgrace. They have to be completely bereft of any humanity or dignity,

Anyway read the whole thing and just tell me you don't kinda sorta wish it were about some people closer to home.

Corporate India is in shock after a mob of sacked workers bludgeoned to death the chief executive who had dismissed them from a factory in a suburb of Delhi.

Lalit Kishore Choudhary, 47, the head of the Indian operations of Graziano Transmissioni, an Italian-headquartered manufacturer of car parts, died of severe head wounds on Monday afternoon after being attacked by scores of laid-off employees, police said.

The incident, in Greater Noida, just outside the Indian capital, followed a long-running dispute between the factory's management and workers who had demanded better pay and permanent contracts.

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