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07.15.08, 18:52 PM NY Schools
21 replies
Oh, btw, I don't feel bad for people making $50 million losing their jobs. [ Reply | Watch | Flag ]
NY Schools 07.15.08, 06:52 PM Flag
 

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i only feel bad for the ones making about 3 million btw. [ Reply | More
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General Topics 07.15.08, 06:53 PM Flag
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^^cuz in this town they are maxed out. [ Reply | More
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General Topics 07.15.08, 06:54 PM Flag
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Aww.. you are too kind. I actually don't feel bad for them, either. I do feel bad for, however, people making $1MM and under losing their jobs. [ Reply | More
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General Topics 07.15.08, 06:54 PM Flag
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Do you feel bad for their admins, taking the bus home to Queens to tell their children that there won't be any ballet lessons this autumn? [ Reply | More
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General Topics 07.15.08, 06:54 PM Flag
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YES! that is a crime. [ Reply | More
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General Topics 07.15.08, 06:56 PM Flag
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Sure, but not their bosses. [ Reply | More
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General Topics 07.15.08, 06:57 PM Flag
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The person making $50mil is the tip of the iceberg. They go then their support staff go etc etc. My cleaner is worried as she is loosing work because of banking redundancies. The loss of big earners is not necessarily a good thing for the community. That being said I wish I earned $50mil [ Reply | More
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General Topics 07.15.08, 06:55 PM Flag
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The thing is, there are probably hundreds of people in the city who can do the same work and for a lot less money - which might prevent not having to let go of support staff. [ Reply | More
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General Topics 07.15.08, 06:58 PM Flag
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I'd do it for half that [ Reply | More
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General Topics 07.15.08, 07:00 PM Flag
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I'd do it for 1/10 of it. [ Reply | More
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General Topics 07.15.08, 07:12 PM Flag
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so true my intern's boyfriend is in the sector and said today that they just hired 25 new analyst's. probably at the salary they paid one who got fired. plus the one who got fired most likely has three kids and a sahm living in a tony burb. sad but true. [ Reply | More
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General Topics 07.15.08, 07:02 PM Flag
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analysts don't live in the burbs and don't have kids or sahm wives [ Reply | More
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General Topics 07.15.08, 07:28 PM Flag
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she's saying they could hire 25 new analysts instead of keeping one high paid employee. [ Reply | More
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General Topics 07.15.08, 07:33 PM Flag
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That's like saying you can replace one senior partner in a law firm with 25 first year associates. Not quite. [ Reply | More
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General Topics 07.15.08, 07:34 PM Flag
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Analysts are blank slates. They don't add value for a while. They aren't replacing anyone today. [ Reply | More
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General Topics 07.15.08, 07:32 PM Flag
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not to mention the people who can't pay the dog walker so dog has to stay alone all day. [ Reply | More
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General Topics 07.15.08, 06:58 PM Flag
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now that is sad [ Reply | More
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General Topics 07.15.08, 07:01 PM Flag
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I think people who make $500k can afford a dog walker. You don't need $50MM. [ Reply | More
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General Topics 07.15.08, 07:01 PM Flag
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Well, good news is that Obama said he'd try to get the CEO pay down (which will trickle down to all high wage employees). [ Reply | More
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General Topics 07.15.08, 07:02 PM Flag
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How? Other than changing the tax code to make less of the salary deductible for the co, what role does the government have in setting salaries? [ Reply | More
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General Topics 07.15.08, 07:30 PM Flag
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No idea, but he said he'd do something about it. [ Reply | More
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General Topics 07.16.08, 07:29 AM Flag
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