Political Nutz

Observations on the pathetic state of American politics

Borders: More Corporate Greed

Poor Borders has been unable to figure out a way to survive the evolution from printed books to ebooks.  I shopped at Borders when it was just a single little store in downtown Ann Arbor and I’m sad they may go out of business.  Of course in their bankruptcy filing the Borders executives who were unable to figure out how to survive in the new world of digital publishing want some $8 billion in bonuses for their lack of insight. BTW, Borders employees haven’t had a pay raise in four years.  It looks like the executives are following the pattern established by the banks who mismanaged the world into the Great Recession and reaped massive bonuses as a reward for their incompetence.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: