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To: QenBirQeni
Great story - there's just one thing I don't get:

For longtime employees, the bonus -- based on years of service -- amounted to tens of thousands of dollars, and in some cases, more than $100,000.

By my math, $60M / 472 comes out to an average of $127K. Hence, if using a straighforward seniority-based disbursement model, the distribution should have gone roughly from a few $10K to newbies to about $300K or more for greybeards.

Of course, who am I to quibble. Like I said, great story.

8 posted on 02/16/2009 11:38:59 AM PST by Yossarian (Everyday, somewhere on the globe, somebody is pushing the frontier of stupidity...)
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To: Yossarian
Beat me to it ... see post 11.

Good with numbers and a quick typist too ... you have a bright future.

12 posted on 02/16/2009 11:52:18 AM PST by tx_eggman (I own two rare photos. Houdini as he locks his keys in his car and Norman Rockwell beating a child.)
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