Mediocrity.US » Business

Lehman Brothers Employees Protest

David Barach — Tue, 14 Oct 2008 15:00:56 +0000

Outraged by the greed and excesses of management that led to the downfall of their employer, Lehman Brothers employees protest by blockading the entrance to the company headquarters.

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The 2008 Dollar

David Barach — Thu, 09 Oct 2008 22:24:23 +0000

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A CEO Disgraced

David Barach — Mon, 22 Sep 2008 15:49:12 +0000

It became publicly known with Kenneth Lay upon the collapse of Enron, passed through Carly Fiorina of HP after a 50% drop in revenue and the layoff of 20,000 people, and most recently was unjustly denied to Daniel Mudd and Richard Syron of Fannie Mae and Freddie Mac. CEO’s have a self-evident right to award themselves tens of millions of dollars, even as the companies they lead are swirling around the porcelain. It’s in The US Constitution. It’s the American way. They work hard. The failure is always someone else’s fault and they should not have to suffer for it.

That’s why AIG former CEO Robert Willumstad is such a disgrace. AIG is on the verge of collapse, but will survive due to an $85 billion bailout from you, the taxpayer, by way of the Federal Reserve. Large corporations are what make this country great, and therefore it’s only fitting that we save this great national resource, much in the same way we would save the Arctic National Wildlife Refuge (ANWR) from oil drilling. We’re still doing that right?

But ex-CEO Robert Willumstad is spitting in the face of American capitalism. He has rejected a $22 million severance payment from AIG and in doing so has disrespected shat upon every American who aspires to the kind of wealth a CEO is entitled to have. Shame on you Robert Willumstad. Shame.

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Big Mac over KFC 23,000 to 0

David Barach — Wed, 17 Sep 2008 00:49:39 +0000

Don Gorske of Fond Du Lac, Wisconsin has eaten 23,000 Big Macs since May 17th, 1972 – that’s about 1.75 a day, every day (except the day his mother died, per her request) over 36 years. Don says that it’s the highlight of his day, since he loves them so much. What even more astonishing is that he’s 54-years-old and still alive.

Apparently Don hasn’t tried Colonel Sanders’ secret recipe, a recipe so secret, that KFC is completely revamping the security on the recipe that only two company executives have access to it at any given time, and no one knows who they are. Apparently, having it locked in a cabinet with two locks, behind a door with three locks, all inside a vault, wasn’t enough. Still, if that’s all you’ve got going and it’s making you $5.3 billion a year, then by all means – beef up security.

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