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Re: What do you think about the AIG bonuses?
They claim these bonuses were contractual and they were obligated to give them BUT I also heard that they were only added in 2008. I think by then they knew they were in the toilet so to promise huge retention bonuses to derivitives traders was asinine.
Putting together the info I have heard I think $165 million is being split over 400 or so employees. That is almost a half million dollars each on average!
The trend the last decade or two of rewarding CEO's,other executives, and employees like these with huge bonuses or golden parachutes while a companies performance is tanking is absurd. Bonuses should be rewards for performance that brings a positive results to the company. I am amazed at the number of CEO's who run a company in the ground and then leave with tens of millions of dollars in golden parachute settlements.
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"I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
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Hybrid Mode
