Monday, March 26, 2012

When Greed Gives Way to Giving

Miami Herald columnist Ana Veciana-Suarez writes an article called”When Greed Gives Way to Giving”. In this article Veciana-Suarez talks about 67-year-old man named Bob Thompson, in Belleville Minnesota, that started his business in his basement with $3,500, and supported by his school teacher wife, who sold his road building company for $422 million. Unlike most millionaire’s that are stereo-typed as greedy, Thompson decided to share his wealth. Thompson divided $128 million among his 550 workers; he also included some retirees and widows in his plan. Thompson made sure that none of his workers would lose their jobs in the buyout. Veciana-Suarez makes the point that not all people in the same position that Thompson is in would do such a good hearted thing like he did.  Veciana-Suarez says that most employees in a situation where the employer sells his/her company the workers end up losing their jobs, being demoted, seeking transfers, or taking early retirement.
 I agree with Veciana-Suarez that most employers, that sell their company or a business they, only think of their selves. Not many think of the former employee’s outcome, from such a huge decision that was made. Some employers are greedy and do not care about anybody else but their selves; they prefer to show off what they are worth. Some employers do care just like Thompson, for example an owner of a company, might donate to charities like St. Jude’s Children Hospital which specialize research cures and saves children lives from many genres of cancer. If I had owned a company and decided to sell it, I would make every attempt possible and even go as far to have a written agreement with, the person whom is buying the company from me to make sure, they take good interest in handling the present employee’s well being. I would also donate to charities like St. Jude’s Children Hospital and to the National Breast Cancer Foundation. Why those to mostly, because I have a child that I pray every day will not get cancer and my grandmother who had breast cancer. 
In conclusion, when a person becomes wealth from working hard from the bottom, they appreciate money far more then someone that inherits it or wins it from luck. There not selfish, cold hearted, or greedy with money, they learn the value of not just money but of the life of others around them.

No comments:

Post a Comment