Where unfair bonuses are concerned, media firms rival Wall Street: David Carr
(NEWSER) - USA Today applauded Occupy Wall Street for attacking firms that give “huge bonuses” to execs who makes terrible decisions. The paper’s right—but it’s being hypocritical. Gannett, owner of USA Today, is a champion of “bonus excess despite miserable operations,” David Carr writes in the New York Times . Gannett's recently-resigned CEO Craig Dubow oversaw the loss of 20,000 employees, and "strip-mined its newspapers in search of earnings"—yet he departed, because of health problems, not performance issues, with some $37 million in benefits. More»
