Because they did such a good job managing the business….
Bankrupt toy retailer overcomes objections to get court approval of bonuses for CEO and other top executives.
Won’t someone please think of the rich people! 😢
Most people have a “happiness number” — the amount of money they need to afford the lifestyle they want.
“How can we afford universal healthcare?!” – answer – stop giving money away to war profiteers
“The debacle unfortunately has a depressingly familiar ring. In 2014, after spending $486 million on 20 planes for the Afghan Air Force — which, yes, were never able to fly — the Pentagon sold most of them as scrap metal for a whopping 6 cents a pound. The total sale was $32,000.”
The U.S. military “wasted” nearly $65 million on a single inoperable plane that spent years resting on jacks in a warehouse and didn’t manage even one flight in Afghanistan, the Department of Defense inspector general recently reported.
The disaster in Houston stems from a legacy of pollution and under regulation.
The original oil boom in the US began in Houston. Carbon pollution from extractive institutes created the super charged storm that decimated the city.
Lax zoning regulations and developers running rough shod over basic building standards created a situation with inadequate drainage and water retention. The boomburg mentality of “build everywhere” came at the price of no open land to absorb water and no natural estuaries to collect
Houston is a man made disaster. Now the thousands of chemical conglomerates will spew pollution into the air and water in the chaos.
Chevron Phillips Chemical reported that it released more than 745,000 pounds of contaminants into the air as it shut down its plant in Baytown, Texas.