And the press obsessed over whether autoworkers make $70 an hour?

Blog ››› ››› ERIC BOEHLERT

WSJ headline today: "Merrill Gave $1 Million Each to 700 of Its Staff"

According to the newspaper:

Merrill Lynch & Co. "secretly" moved up the date it awarded bonuses for 2008 and richly rewarded its executives despite billions of dollars in losses, giving bonuses of $1 million or more apiece to nearly 700 employees, New York Attorney General Andrew Cuomo said.

Sorta makes you wonder about that media microscope that was used late last year to scrutinize the pay of middle class autoworkers, doesn't it?

Posted In
Economy, Jobs, Wages, & Unemployment, Labor Unions
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