Cenk Uygur on Transocean (operators of the Deepwater Horizon oil rig that exploded resulting in a the Gulf of Mexico oil spill) releasing a statement discussing their excellent safety record in order to pay their executives large bonuses.
@BattleProf53 Supposing that capitalism IS about rewarding success: 1 - Getting paid despite terrible performance is success from their point of view. 2 - If reducing some calculated variable is considered as success by the company policies then they are considered successful by the company. 3 - If they caused a catastrophe which cost the company less than the safety precautions would have then they made the company money, ergo they are considered successful by the company. I could go on.
Haha! I know, that's why I thought it was funny & posted it here. Apparently Investopedia is, I would say conservative run, but more likely Corporate run. :)
charlie sheen really did have a wonderful PR this year. no one really knew who he was and now everybody does.
arisheps100 11 months ago
The top dogs over at Trans-Ocean (the rig in the Gulf) were just awarded bonuses based on their SAFETY record.
55ella2007k 11 months ago
@BattleProf53 Supposing that capitalism IS about rewarding success: 1 - Getting paid despite terrible performance is success from their point of view. 2 - If reducing some calculated variable is considered as success by the company policies then they are considered successful by the company. 3 - If they caused a catastrophe which cost the company less than the safety precautions would have then they made the company money, ergo they are considered successful by the company. I could go on.
Ypthor 11 months ago
They deserve to be imprisoned and all their wealth confiscated.
scottandrewhutchins 11 months ago
They absolutely deserve these bonuses. Anyone who disagrees is just trying to start class warfare.
HomleandSecurity 11 months ago
Audacity!!!
4squaredby4times4 11 months ago
Haha! I know, that's why I thought it was funny & posted it here. Apparently Investopedia is, I would say conservative run, but more likely Corporate run. :)
jamey9199 11 months ago
@BattleProf53 - Great comment, you are right!
lionssong2525 11 months ago