Compassion for CEOs?
The International Brotherhood of Electric Workers has filed a lawsuit against Bankster Goldman Sachs for overpaying its top executives. The lawsuit “seeks to stop Goldman from allocating roughly 47 percent of 2009 net revenue as compensation, saying such allocations ‘vastly overcompensate management and constitute corporate waste.’” Apparently the IBEW and their electrician workers don't realize how hard it is to find employees willing and able to buy and sell stocks and only be paid a few million dollars a year for this brutally hard work. After all, these guys have to buy suits and ties. They have to pay for limousines and thousand-dollar-a-bottle champagne. Being a Goldman Sachs executive is tough work, guys - cut them some slack! Have some compassion!