Microsoft is cutting jobs for the first time in its history. Reason? They only made $4.5 billion in profit in the 2nd quarter.
I know, I know, how could any company possible live with only $4.5 billion. Those poor executives probably only took home $10 million dollar bonuses instead of $20 million. They will probably have to cut back on spending. Maybe buy less homes and cars. Maybe fire some of their personal staff. Read more…
thisdayonearth Uncategorized economy, greed, layoffs, microsoft
By now you have all heard this story or saw video clips on youtube or the news about a plane that landed (crashed as others say) in the Hudson River.
Everyone is calling this pilot a hero, but I dare to say otherwise. Read more…
thisdayonearth Uncategorized flight 1549, hudson river, pilot
What does a 60 year old with no children do with her millions? Invests of course!
Maureen Ebel, a 60 year old widow, is now cleaning homes for a living after losing all her millions to Madoff’s Ponzi Scheme. Story Here
Was it greed or stupidity? Read more…
thisdayonearth Finance greed, investment, madoff, ponzi