$890,000 in race-car driving lessons for the CEO's son written off as a marketing expense?? And we thought it was bad when the CEO of one of our employers bought fancy uniforms for every player on his daughter's soccer team and then sent out an e-mail thanking the company for its generosity.
What fools we were.
Meanwhile offshoring, outsourcing, downsizing and good old fashioned layoffs abound in the names of "saving money" and "cutting costs". Don't believe a word of it.