Corporate Fudging

Business

Dave Edmondson, former CEO of Radio Shack, resigned from his position after allegations arose about the validity of his resume. Apparently, he claimed to have received several degrees from a college that had no record of this. As severance, he was awarded just over a million dollars, pocket change to the cool six million plus he made on salary during his tenure.

Was there a problem with his leadership? Did he promote ideals that lead the company towards radical stock loss or bankruptcy? No, he just lied about his educational background. Their has to be more then this because a little lie, such as it was, couldn't have harmed the company that much. I doubt that he'd walk away from such a healthy salary for a few severance checks. I also doubt that if they discovered a fib on Joe Schmoe Radio Shack grunt laborer's resume that they'd even open the door as they booted him out.

All too often in the business world, the company's elite set fire to stocks, raid pensions, and live the high life while expecting little retaliation. Even the few corporate CEO's that made the news with flagrant disregard for company assets were treated gently. Why is it that the common guy can't make an honest mistake without expecting an armed escort to jail? The answer is clear: money.

If you have it, it creates an impenetrable shield that rebounds all manner of guilt, or shame. Money is the armor of liars and cheats; a fortress to thieves and deceavers. It's more powerful then Superman and we have yet to discover a Kryptonite capable of harming it. All of the haves stand tall over the have nots, basking in its green crisp glow. Yet poor Dave, like many before and more to come, fell from his stoop into a life of mediocrity that still shames us commoners, making room for the next embezzler or racketeer to take his place.

But when this is all said and done, there is still one unanswered question: what shamefully inadequate human resources department runs that joint?