Thursdays with Theodore, Episode 4/5/07
Dear Readers,
Welcome to this week's episode of "Thursdays with Theodore!" To the mail bag!
Ivan writes:
Dear Theodore Trumblebunks, I, Esq.,
What do you think about today's story that Ford, which lost almost $13 billion in 2006, paid its CEO $28 million, including bonuses, for just 4 months of work?
Ivan
Ivan, that's a great question. This is just the market at work. Clearly, the market valued this man's services at $28 million. Otherwise, there's no way that Ford would have paid him this much. The free market - it's as American as baseball and apple pie!
Free market, thank you for loving America!
-Theodore Trumblebunks, I, Esq.
Welcome to this week's episode of "Thursdays with Theodore!" To the mail bag!
Ivan writes:
Dear Theodore Trumblebunks, I, Esq.,
What do you think about today's story that Ford, which lost almost $13 billion in 2006, paid its CEO $28 million, including bonuses, for just 4 months of work?
Ivan
Ivan, that's a great question. This is just the market at work. Clearly, the market valued this man's services at $28 million. Otherwise, there's no way that Ford would have paid him this much. The free market - it's as American as baseball and apple pie!
Free market, thank you for loving America!
-Theodore Trumblebunks, I, Esq.
Labels: free market, Thursdays with Theodore
posted by Theodore Trumblebunks, I, Esq. at 9:44 PM
0 Comments:
Post a Comment
<< Home