Int’l Speedway Corporation Tightens Its Belt

In 2008, International Speedway Corporation doled out smaller bonuses to its top two executives, Jim France and Lesa France Kennedy. And while almost no one will shed many tears for a guy earning north of $1 million and a woman pulling in more than $750,000, I do think ISC should be commended for sending an entirely appropriate message.

At a time when corporate chieftans are taking rides on private luxury jets on the taxpayers’ dime, it’s becoming just a bit harder for companies to justify any unnecessary payments to its employees.

I think the powers that be who run adopted the same philosophy when they chose not to pay my bonus this year. I mean, that’s what they told me …