We have twice already looked at the debacle that is General Motors (GM) under the TARP-bought, government-sponsored guidance of Chief Executive Officer (CEO) Dan Akerson.
It’s been terrible. And it’s getting much, much worse.
Katharine Weymouth Stands Up to Unions, Rescues the Washington Post
The Washington Post exists today because of cost-cutting and quality improvements instituted by publisher Katharine Weymouth. But that hasn’t stopped some Post reporters and the Newspaper Guild from complaining about her compensation.
For her efforts, Weymouth received more than $2 million last year, mostly in bonuses tied to profitability. The New York Post reported that reporters are “fuming” over her pay, given that the paper has been cutting costs, in part by offering reporters buyouts to leave.
Former British Health System Director Dies After Hospital Delays Life-Saving Operation Four Times
A tragic story and a cautionary tale regarding government-run healthcare and the rationing it inevitably requires. A chilling preview of things to come under Obamacare:
A former NHS director died after waiting for nine months for an operation – at her own hospital. Margaret Hutchon, a former mayor, had been waiting since last June for a follow-up stomach operation at Broomfield Hospital in Chelmsford, Essex.