Tuesday, March 11, 2003

Slaves & Masters Numb

Here is the untold story of workers' response to the telecommunications meltdown. Unions, ex-employees, and retirees are mobilizing for jobs and reform. At some point, you become numb to the stories of greedy execs who scammed billions of dollars from their shareholders and workers. The $95 million Bel Aire mansions. The $15,000 umbrella stands. The tax-deductible private jets. Even more maddening, many executives walked away from their fraud-infested firms with multi-million dollar exit perks. There were no such golden parachutes for the over half a million laid-off telecom workers. They lost out three times.
· Golden Umberllas [Dollars&Sense]