Pensioners' lunch

It hardly seems possible, but Tom Glocer’s behavior has become even more mind boggling. First, he expresses support for Goldman Sachs in a possible government fraud case, and then says Thomson Reuters can no longer afford the Pensioners’ Lunch [No more pensioners’ lunches - Tom Glocer]. If I’m interpreting this correctly, he is essentially saying that the people who actually built the company’s stellar reputation are no longer worth the price of a meal, even if they are willing to pay most of the cost. It doesn’t speak much for his sense of values. ■