Feb 3, 2009

It's Only A Matter Of Time

This kind of shit will continue until there is a gruesome murder.

A day after Macy’s executives announced lay-offs of 7,000 workers and cut a dividend in half, top company officials received a final installment on $1.39 million in performance bonuses from 2004.

The stock credit plan created in March 2004 brought five top executives “phantom stock units” or stock credits after a three-year holding period ended on Saturday, according to a Securities and Exchange Commission filing on Tuesday.

I don't think we are too far off from the gruesome murder.

Good luck, rich guys.

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