I have to side with Big Fred on this one. Not that I agree with the bonus, but a contract is a contract. If the CEO was a true leader, he would not accept the bonus in light of the current economic mess. How much worse could it have been without him in charge? I don't know, but it will be $10 million worse if he takes his bonus. He's out of touch with reality.
Leading by example is going to be very important in solving this mess. It won't sell to the general public, (and we are footing the bill on these bailouts) if the leaders at these financial firms don't tighten their belts, take pay cuts and trim the fat from the top down and use the bailout funds wisely.
Years ago one of my clients ran a very sucessful business grossing in the lower $100 millions in sales. He said he should put his some of his production workers in the accounting department because those guys could support a family of 4 on $25,000 a year and have some money left over. His accounting people were always running out of money, living paycheck to paycheck while making over $100,000 per year.
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Today's Featured Article - Tractor Traction - by Chris Pratt. Our first bout with traction problems came when cultivatin with our Massey-Harris Pony. Up till then, this tractor had been running a corn grinder and pulling a trailer. It had new unfilled rear tires and no wheel weights. The garden was already sprouting when we hooked up the mid-mount shovel cultivators to the Pony. The seed bed was soft enough that the rear end would spin and slowly work its way to the downhill side of the gardens slight incline. From this, we learned our lesson sinc
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