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Millionaire CEO Siegel Hasn't Fired Any Employees
Threatened to lay everyone off and retire if Obama won

Screenshot from The Queen of Versailles

Last month, CEO David Siegel ‘encouraged’ all of his employees to vote for Romney with a letter that threatened job loss for them and early retirement for him if Obama won. But did the big bad former billionaire follow through with his warning? Not at all.

In a conversation with Businessweek, Siegel says his business is still up and running and that he has given all of his employees an average 5 percent raise to, “handle the additional burdens the government will put on them.”

So I guess the moral of the story is: next time vote for the Democrats and you’ll be given a raise. Good job making your point, Siegel.

[Businessweek]

____

Mollie Paige writes for the Toronto Standard. You can follow her on twitter @MolliePB

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