Failing Bombardier's Execs' Insane Bonuses

Discussion in 'Current Events' started by MVictorP, Apr 5, 2017.

  1. MVictorP

    MVictorP Well-Known Member

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    I thought of posting this in the "Canada" forum (for my good friend Dennis), but then I realize that there is something in there that is way much international in this day and age, like the increasing differences between rich and poor.

    http://business.financialpost.com/n...ompany-lays-off-thousands-taps-government-aid

    Long story short, Bombardier's execs got the (Liberal party) Couillard Qc gobbermint to give (not loan) them billions of public money to save the aeronautics constructor, which invests it oversea, cutting off thousands of Quebecois employees at a time where we saw our public services (health, education) being gauged.

    Just another day at the corrupt shop, nothing so far to write one's mother. But here is where the straw broke the camel's back: At the end of the same fiscal year as the gift, Bombardier's execs attributed themselves bonuses that reached 48% of their salaries (that already was in the millions a year).

    Question #1: Am I alone here thing that these particular breed of "execs" - who are not pionneers, founders or even new, but just glorified managers - have a way out opinion of themselves? How come can these execs win many times what an US President can do? Yes, I know it's private biz, but what about morality? I think it is immoral to do more than 15 times the average salary of your employees.

    Question #2: How many millions a year does it takes to be happy? Some people will never have enough. It isn't a virtue, BTW.
     
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  2. Labouroflove

    Labouroflove Well-Known Member Past Donor

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    All politics aside, fine products! I've piloted it's planes and odd enough drove a snow groomer for a bit at Pico, VT. Well made, hats off to the employees!

    Cheers
     
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