Detailed text transcripts for TV channel - MSNBC - 20111029:00:03:00
That's corporate speak for we need bigger profits to boost our stock price. keep in mind, whirlpool's third quarter net income more than doubled this year to $177 million but whirlpool revenue only went up 2%, short of the $4.74 billion they were projecting. you to hit the numbers, don't you? jeff fettig cut 1,200 middle class jobs in ft. smith, arkansas, to pad his numbers. and almost $15 million annual compensation. that's what he gets. this is a classic, classic corporate greed story at the expense of the american worker. the average salary at the plant shut down in evanston, indiana, was o...
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