Thursday, November 04, 2010

Oh, I C the BS alright

Every now and then I read something that makes the hair stand up on the back of my neck. This portion of Tom Taylor's column at Radio-Info.com did that to me this morning...
"With lots of cash in the vault, CBS reports its third quarter today. So much cash, as CEO Les Moonves said three months ago, that they’ve got some decisions to make. Raise the dividend? Announce a big stock re-purchase plan?"
How about pay your damn employees? You know, the ones that are doing three or four jobs now--the ones you told you couldn't pay a dime more because of this terrible recession. I don't suppose that's even being considered.