Jul 30, 2012

Outrageous Example Of Corporate Greed From Caterpillar - YouTube


Published on Jul 30, 2012 by TheYoungTurks

"...manufacturing giant Caterpillar was seeking major concessions during contract negotiations with striking workers, even as it was making billions in profits and giving its CEO a 60 percent pay boost. The New York Times' Steven Greenhouse added more details today, noting that the company wants to implement a six-year pay freeze and a pension freeze, at a time when it is making record profits...".* The Young Turks host Cenk Uygur breaks it down on The Young Turks.

*Read more here from Pat Garofalo at ThinkProgress: http://thinkprogress.org/economy/2012/07/23/567201/caterpillar-pay-freeze/?mobile=nc

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