******************** POSTING RULES & NOTES ******************** #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. *****************************************************************
Wise probably deserves the $. Under capitalism, high ranking people get enormous compensation for failure. Here is a comment from The Confiscation of American Prosperity (which someone told me is downloadable somewhere. Within this corrupt culture of privilege, even the executives who run their companies into the ground “deserve” lavish rewards. As Warren Buffett told his shareholders, “Getting fired can produce a particularly bountiful payday for a CEO. Indeed, he can ‘earn’ more in that single day, while cleaning out his desk, than an American worker earns in a lifetime of cleaning toilets. Forget the old maxim about nothing succeeding like success: Today, in the executive suite, the all-too-prevalent rule is that nothing succeeds like failure” (Buffett 2005). On Mon, Aug 10, 2015 at 7:53 PM, Louis Proyect via Marxism < marxism@lists.csbs.utah.edu> wrote: > ******************** POSTING RULES & NOTES ******************** > #1 YOU MUST clip all extraneous text when replying to a message. > #2 This mail-list, like most, is publicly & permanently archived. > #3 Subscribe and post under an alias if #2 is a concern. > ***************************************************************** > > Thieves falling out. Chris Kennedy, the board member who pushed hardest > for firing Salaita (he is Bobby Kennedy's son), tells the Chicago Tribune > that Phyllis Wise, the chancellor who resigned in disgrace, should not get > a $400,000 retention bonus. (I got a $40,000 retention bonus from Columbia > University when I was terminated and deserved every penny.) > > > http://www.chicagotribune.com/news/ct-university-of-illinois-phyllis-wise-bonus-20150810-story.html > _________________________________________________________ > Full posting guidelines at: http://www.marxmail.org/sub.htm > Set your options at: > http://lists.csbs.utah.edu/options/marxism/michael.perelman3%40gmail.com > -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
