http://abcnews.go.com/Business/FunMoney/story?id=2723990
I read articles about "Bling" water ($35 a bottle), Kimora Lee's marketing of a diamond-encrusted cell phone, one about a million dollar cell phone, one about a $20 millon wedding cake, and one about the most expensive hi-definition television in the world. They are mostly blogs, and then the blog is followed by comments of doing better things with money.
That ABCNews article does the same.
But let us look at another big picture. ABCNews is making it look as if Goldman Sachs is one of the best companies in the world to work for this year. Those bonuses are going management, middle management, senior management, and investment bankers, not to mail room employees, receptionists, gophers, or to interns. Hey, how cool would it be to be an unpaid intern, and receive a $100 check? How blessed would you feel if you were a receptionist answering phones all day, and received a $500 check? Wouldn't you feel appreciated if you were a mail room employee mailing multi-million dollar checks to the CEO and CFO, and receive a $300 check?
I remember when I worked for a large bank, senior management said if the bank cut fraud losses one year, it would pass the savings onto the employees. Well, everyone who handled money either physically or electronically helped out. The company reduced losses, but didn't make good on its intent.
The reality of it all is regardless of the economy, there is lots of money out there. But it depends on who you are, what you do, and where you are that makes the difference of how much or how little of it you will get to see.
I read articles about "Bling" water ($35 a bottle), Kimora Lee's marketing of a diamond-encrusted cell phone, one about a million dollar cell phone, one about a $20 millon wedding cake, and one about the most expensive hi-definition television in the world. They are mostly blogs, and then the blog is followed by comments of doing better things with money.
That ABCNews article does the same.
But let us look at another big picture. ABCNews is making it look as if Goldman Sachs is one of the best companies in the world to work for this year. Those bonuses are going management, middle management, senior management, and investment bankers, not to mail room employees, receptionists, gophers, or to interns. Hey, how cool would it be to be an unpaid intern, and receive a $100 check? How blessed would you feel if you were a receptionist answering phones all day, and received a $500 check? Wouldn't you feel appreciated if you were a mail room employee mailing multi-million dollar checks to the CEO and CFO, and receive a $300 check?
I remember when I worked for a large bank, senior management said if the bank cut fraud losses one year, it would pass the savings onto the employees. Well, everyone who handled money either physically or electronically helped out. The company reduced losses, but didn't make good on its intent.
The reality of it all is regardless of the economy, there is lots of money out there. But it depends on who you are, what you do, and where you are that makes the difference of how much or how little of it you will get to see.
