Rich boss,Poor boss.
The hot topic for discussion seems to be Economic Recession.Even the celebrities are quipping in now.Not knowing the answer to that one particular questions might plummet them down the popularity charts.I'm sure the dumber ones have started consulting to know exactly what do you mean by Recession?.
Serena Williams,inspite of earning $22 million in winnings last year has seemingly cut back on her expenses.She offers her $12 handbag as evidence.
Shahrukh Khan worries that the Kolkata Knight Riders will face the same problems as other teams because of the economic downtrend.Meanwhile,Vijaya Mallya pretends to ignore Recession,throwing away $1.55million to get Kevin Pietersen on board his bandwagon.
While celebrities brush up on Recession,CEO's are taking up some stringent measures to cope with it.Citigroup Inc. CEO Vikram Pandit said he will take a salary of $1 and no bonus until the bank, which has accepted $45 billion in government bailout money, returns to profitability.CEO's at companies outside the finance industry, including Rick Wagoner of General Motors Corp. and Ford Motor Co.’s Alan Mulally, have also agreed to work for $1 a year.
Well,I sure hope the Citigroup gets back on the profit tracks soon.Else we would have to enlist him as a case study of Bad managerial skills in our B-school syllabus.Of course,he would have company,but not one that he might like.
Serena Williams,inspite of earning $22 million in winnings last year has seemingly cut back on her expenses.She offers her $12 handbag as evidence.
Shahrukh Khan worries that the Kolkata Knight Riders will face the same problems as other teams because of the economic downtrend.Meanwhile,Vijaya Mallya pretends to ignore Recession,throwing away $1.55million to get Kevin Pietersen on board his bandwagon.
While celebrities brush up on Recession,CEO's are taking up some stringent measures to cope with it.Citigroup Inc. CEO Vikram Pandit said he will take a salary of $1 and no bonus until the bank, which has accepted $45 billion in government bailout money, returns to profitability.CEO's at companies outside the finance industry, including Rick Wagoner of General Motors Corp. and Ford Motor Co.’s Alan Mulally, have also agreed to work for $1 a year.
Well,I sure hope the Citigroup gets back on the profit tracks soon.Else we would have to enlist him as a case study of Bad managerial skills in our B-school syllabus.Of course,he would have company,but not one that he might like.
Comments
If the company is laying off thousands of employees every month, it wouldn't look too good if the CEO is taking home a fat pay check , would it?.So instead of going overboard with a 1$ pay, these guys should go in for a pay reduction and save all the drama for later ......:D..
All franchises of IPL knew it'd take a couple of seasons for their investments to break even. I still believe it'll happen. Cricket wouldn't suffer in India.
Mallya can spend as his breweries can cover up for everything. Heh.
Maybe, what'd happen to the people passing out in 3 months, is a good question?
i dont think its affecting just the bedrock.
@sharma
at that rate,mallaya will be the last man standing!
and yes-what will happen to the people passing out in 3 months in a good question.I guess,we'd manage to survive somehow.....