John D. Giorgis wrote:
> Ladies and Gentlemen, a textbook case in how rumours get started.
>
> First of all, the article says nothing about "upper management",
> as you did
> Gary, rather it refers to "mid-level managers and other employees." I
> don't know about you, but to me, "other employees" implies rank-and-file.
> (But I could be wrong - that's just my impression.) Of course, the
> article actually notes that the company was "emphasizing that the bonuses
> did not go to senior managers."
>
> Secondly, Gary conveniently neglected to mention that that $50mil was
> spread out over 6,000 employees. In other words, roughly a bit more than
> $8,000 per employee. (A bankruptcy lawyer quoted in the article, says
> that the checks were actually closer to $5,000/employee, suggesting that
> either $50mil is a high figure, 6,000 employees is a low figure, or both.)
>< snip ><
Wow John! I read your replies to Energy/Electricity/Gas messages and get the
impression that I have hit on a tender spot?? You seemed quite passionate
about straightening out the facts on those points!
I am not going to go through and defend every point and counterpoint that
you and I made, but I will say that I read in a similar article that Upper
Management DID get a part of that bonus and that the "rank and file"
employees did NOT get any of the bonus because they were under a union
contract. However, defending that point was not important enough to do more
than a cursory search ( sorry, it has been a loooong day!), and I was not
able to easily find the article online.
Gary
Who truly enjoys reading the passionate replies to topics on this list!
_____________________________________________
Gary L. Nunn
Delaware Ohio
By the time they had diminished from 50
to eight, the other dwarves began to
suspect "Hungry."
