Wednesday, September 24, 2008

Wall Street Chieftains ... Watch Your Back!

It may very well come to dawn on them, the Wall Street chieftains, how lucky they are, as they sit and wait to see if Uncle Sam is going to dole out a wheelbarrel of cash to them for screwing up.

Other CEO's, and one in particular, don't, necessarily, have the luxury of that option;

CEO murdered by mob of sacked Indian workers

Corporate India is in shock after a mob of workers bludgeoned to death the chief executive who sacked them from a factory in a suburb of Delhi.

Lalit Kishore Choudhary, 47, the head of the Indian operations of Graziano Transmissioni, a manufacturer of car parts that has its headquarters in Italy, died of severe head wounds on Monday after being attacked by scores of laid-off employees, police said. The incident, in Greater Noida, followed a long-running dispute between the factory’s management and workers demanding better pay and permanent contracts.
And, much like Wall Street (and to use Joe Pesci's line), "Always the dollars ...Always the fuckin' dollars";

A spokesman for the Federation of Indian Chambers of Commerce and Industry said: “Such a heinous act is bound to sully India’s image among overseas investors.”

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