DAVE JOHNSON- The highly-profitable company Verizon — the 16th largest corporation in America — is asking its workers for givebacks amounting to as much as $20,000 each, while tripling the compensation of CEO Lowell McAdam from $7.2 million to $23.1 million. The company made $22.5 billion in profits over the past four years while paying its top five executives $283 million over that period. Because of this the company has earned the nickname “Verigreedy.”
Tag: 99% Spring
Why the 99% Spring?
GEORGE GOEHL – We live in an America where more than 46 million Americans live below the poverty level. This is the highest poverty rate since the Census Bureau began publishing such figures.