(a story about my boss and the company where I work)
Hal Taussig, who founded Untours, the company I work for, went to the studio of Philadelphia's public radio affiliate (WHYY), where Dick Gordon interviewed him for The Story, a program by North Carolina Public Radio .
There's an interesting spin on the story in light of all the questions about "executive compensation" that have come to light in the past few days connected with the proposed US Treasury (taxpayer) bailout of major Wall Street institutions.
http://thestory.org/archive/the_story_612_The_Meaning_of_Profit.mp3/view
Hal Taussig believes that CEOs have a responsibility to do more than earn wealth for themselves. He created a successful travel company called Untours. The company has a budget in the millions and maintains a healthy profit margin - but Hal does not keep any of the profits. He donates them to charity.
Hal talks to Dick Gordon about the spontaneous moment that led him to this alternative business lifestyle. The result swims against the tide of the profit motive: Hal actually finds that having an empty bank account is exhilarating.
Audio processing failed. — Download the_story_612_The_Meaning_of_Profit.mp3