The last time Georgia Santos went computer shopping, she steered clear of the hulking desktops and barely glanced at the dizzying array of laptops.
Instead, the 23-year-old New York student made a beeline for the newest and cheapest species to emerge from the computing industry: the netbook.
She said she has an aging laptop at home, but instead of swapping it for a similar model, she wants to replace it with a sub-$300 Hewlett-Packard Mini netbook.
On the surface, it sounds like a healthy company was rewarding its best and brightest. Over 400 employees recently received bonuses. Three-fourths of the company received more than $100,000. Fifty-one employees received $1 to $2 million; fifteen received more that $2 million, and six received $4 million. The highest bonus stood at $6.4 million. Bonuses.
That’s on top of a salary we can assume is decent to begin with, given the size of the company. But, hey, this is capitalism. And you reward people for raising the bottom line, making stockholders richer, offering services — in this case, insurance — that betters the lives of your customers and society.
Except for the fact that these bonuses were handed out to executives of a company on the verge of collapse, one that has lost more money in three months — $62 billion in the last quarter alone —
Skeptiod
Skeptoid podcast by Brian Dunning is an interesting debunker of commonly held misconceptions about a variety of subjects. While secular in nature Mr. Dunning does attempt to be fair to religious points of view from a materialists perspective. It is very interesting an enlightening.
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