This was the first Congressional hearing I've ever watched. I'm curious, is it standard practice at these type of things to respond in a way that completely dodges the original question? I don't think I heard a single straight answer from either Jerry Yang or Michael Callahan the entire time.
That was an excellent article, I think. I was following along up until the 1.5 multiplier, 50% "profit", 11.1% "retail" price part. I have no idea where those numbers came from. Will someone please enlighten me?
I guess I'm the only dumb one here. Can someone explain to me how he came up with the 1.5 as a multiplier for the new hire's salary? Also the part where he talks about making a 50% "profit" on the new hire and then proceeds to subtract a third from 16.7%. Why 50% and why 1/3? How did he come up with those numbers? Please enlighten me.