Thursday, May 14, 2020

Does anybody work for private industry anymore? Look at these public salaries.

From Second City Copper 
You (and we) can't get a drink, a tan or a haircut, but guess who's getting "stimulus" money?
  • Navy Pier Inc., the clout-heavy not-for-profit whose president is paid more than $540,000 a year, has received a nearly $2.5 million coronavirus stimulus loan from the federal government toward salaries and other expenses.

    Facing what it says are losses of $10 million, Navy Pier Inc. says the loan from the U.S. Small Business Administration’s Payroll Protection Program will cover expenses and the salaries of 147 employees, some who have been “sidelined” since the pier was shut down in March by the COVID-19 pandemic.

    The federal loan will be used to cover all salaries, including that of Marilyn Kelly Gardner, the Navy Pier Inc. president and chief executive officer whose salary, bonus and other compensation totaled $541,051 in 2018, according to records filed with the Internal Revenue Service.

    The company’s board of directors, which includes former Mayor Richard M. Daley’s daughter, spends more than $3 million a year on pay for Gardner and seven other top employees. That includes $419,204 for chief operating officer Brian Murphy, a former Chicago cop who was Daley’s deputy chief of staff, and $258,816 for vice president of operations Michael Degnan, the son of longtime Daley political adviser Timothy Degnan.
Home Depot is running short of tar, but Bed, Bath and Beyond has plenty of feather pillows available.

6 comments:

  1. Anonymous5/14/2020

    IRISH WELFARE pays better than ever. The salaries and pension schemes are out of control. Its a unsustainable model.........

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  2. Anonymous5/14/2020

    INSTITUTIONALIZED CORRUPTION

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  3. Anonymous5/14/2020

    That guy Reilly must drive a different color Mercedes every day of the month. How many pensions does he get?

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  4. What private industry? They're mostly shutdown. ☹️

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  5. Anonymous5/14/2020

    Irish welfare is out of control

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  6. Anonymous5/15/2020

    What the Socialist lunatics running our city, county and state seem incapable of understanding...is just WHERE, exactly, does the money they collect for government spending come from?? Thy have been strangling the goose that lays the golden eggs (ie private enterprise)....for SO long now they are going to see the goose keel over and if not die.....be knocked cold for quite some time. Sickening

    ReplyDelete