http://www.businessweek.com/lifestyle/your-very-own-floating-bondvillain-lair-for-680-million-02242012.html
It should be clear that if the mega rich are still able to flip the bill for a $680 million dollar toy, there are still people that are doing just fine despite the economy. I found this particularly interesting given the various news stories that have risen over the last couple days detailing how many of the c-level executives at many major corporations have received multimillion dollar bonus checks despite their company actually losing money for the year. Some companies have taken the correct step and lowered these bonuses but obviously, not every firm is doing this if people are still able to buy things such as a floating island yacht.
3 comments:
Looks awesome, but it doesn't sound very effective in terms of speed and durability. I would much rather be on a real boat in stormy weather than this thing. 680 million dollars, say this luxury-island would cost more than the largest cruise liner in world. I would be shock to see someone actually paying for this, but who knows.
I would love to listen-in on a meeting where they decide giving huge bonuses to top employees (despite budget concerns)is worthwhile. How do companies view this? Do they think of it as a investment for loyal employees? I believe that, if a company is truly struggling, then cuts should be made in these "excess" areas.
I'd agree with Stephanie. Although bonuses are part of incentives for people to work hard, bonuses to the extent that one is able to purchase a "lair" is too extreme. The money used to purchase these toys could have been better spent else where.
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