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Sunday, March 30, 2008

Countrywide executives showered with even more money

It never ends for the insanity and proves for the millionth time that no matter how badly you fail in corporate America, you will still be handsomely rewarded. All of the so-called pay for performance talk is nothing more than bull. Corporate America continues to slash benefits not to mention trash jobs for employees but they always take care of themselves.

Worse still is that Bank of America will receive massive tax write-offs for buying the lousy company so BoA will get a nice free ride too boot. Best business environment money can buy. No wonder the US economy has been growing at a slower pace than Europe during the Bush years. It's just like a stinking third world country any more.

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