The New York Times Goes All In With The "1 Percenters" - Forbes

The New York Times Goes All In With The "1 Percenters" - Forbes

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snip

It’s a classic American saga of top hats against hard hats, lions versus sheep, the one percenters and the forgotten 99. It’s a story about fundamental unfairness, corporate excess, and naked greed. There are exploited workers seething in revolt and spoiled plutocrats floating along on clouds of happy oblivion.

Somebody get The New York Times on the story. Wait a second – The New York Times is the story. So never mind.

New York Times employees plan an “urgent” Jan. 9 meeting to discuss their next move because its staff are incensed by the $15 million failure bonus given to outgoing CEO Janet Robinson. Robinson, whose disastrous tenure coincided with a drop in the parent company’s stock price from $40 to less than $8 in seven years, is getting $4.5 million to serve as a “consultant” this year (so the company can avail itself of 12 more months of that storied leadership--


another example of free market stuff. good the times watching out for the people