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Posts Tagged ‘greed’

The Sky Is Falling. Microsoft is Laying Off

January 23rd, 2009

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 , , ,

Millionaire Widow Now Cleans Homes

January 22nd, 2009

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 , , ,