“It’s THEIR money, NOT ours!!!”
WRONG!
It’s the shareholders money! Give them a chance to vote on pay packages for once.
WRONG!!! (Back at ya!)
From the article:
But a day after Macy’s executives announced the lay-offs, Cincinnati.com reports that top company officials received a final installment on $1.39 million in performance bonuses from 2004.
-snip -
Half of the incentive was paid in February 2008 with the remaining amount paid Monday."
So, it's STILL their money and the stockholders should already have had the opportunity to approve the bonus plan. The article is playing a wealth envy ploy against mean old corporate executives.