the article says he makes $1.1million not $15It is unbelieable how you want this company to fail. Why? What is wrong with it? That the CEO is making 15 million a year at least? That they treat their employees with respect? Gosh it is unbelievable. Do you want everyone making 8 dollars an hour?
This ‘CEO’ wasn’t making $15 million per year. The $15 million is the gross revenue number for the company. He was taking a salary of $1 million on very small revenue, fishy to begin with.
He paid out these ridiculous raises to show zero profit. He has a profit sharing agreement with this brother. No profits means no profit sharing. His brother is now suing for his share of profit which was about $2 million before the raises.
As it looks now, you’re cheering on a criminal who screwed his own brother over money.
the article says he makes $1.1million not $15There are a lot of Free Traitors™ gloBULList agitators on Free Republic that think everyone should be paid 3rd word wages and that borders and 1st world standards of living are 20th century concepts.
The problem is that it seems artificial. You can’t just say that you’re going to pay everyone at least $70K without having the financials to actually pay it. If the company can make a profit while paying that type of salary, then great. But it doesn’t seem doable.