You still don’t get it, do you? They have not taken a TARP bailout.
It isn’t yours or my business what they do. This article makes them look real mean, but we don’t know all the facts. Wake up. How ‘bout lets have Bawney Frank take things over. That ought to fix it. Right?
This article is just another demonization tactic by leftists to make it easier for the government to seize all businesses.
I said in my first post, they could do what they want as they were not bailed out...check it out. In this economy, I just think it is unwise. If the economy is bad enough to lay of 7000 people, perhaps bonuses should wait. I can’t help but wonder if down the road Macy’s will be bankrupt and these guys are just taking their profits before the end comes as many CEO’s have done recently.
You can’t make taking bonuses and laying of 7000 people in the same week ‘nice’...not even Mother Teresa could manage that. Again Macy’s is not a bailed out company and can take bonuses and compensate themselves as they see fit...I don’t like what they did (opinion)thus as a consumer, I can shop elsewhere.