Cisco will lay of 11,500 workers this year in its attempt to cut costs and refocus. Borders will close its remaining 400 stores immediately, putting 11,000 employees out of work.
Cisco's CEO's compensation in 2009 was over $12 million. Border's CEO's compensation in 2009 was $850,000. These are the people who, according to some, shouldn't have their personal income tax rates raised as they are the job creators in this country.
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