this post was submitted on 06 Jan 2024
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[–] pearsaltchocolatebar@discuss.online 2 points 8 months ago (2 children)

Part of the reason the top brass get paid so much is that they're on the chopping block if something goes wrong like this. It's so the company can ~~fire~~ ask someone to step down and point to them and say, "See, we did something. Now everyone forgot our gross negligence."

[–] GreyEyedGhost@lemmy.ca 7 points 8 months ago

I used to believe this, then the 2008 banking crisis came along, banks were looking at going bankrupt, the government had to step in, and the CEOs got 7- and 8-figure bonuses.

[–] jarfil@beehaw.org 1 points 8 months ago* (last edited 8 months ago) (1 children)

Right, and just to make sure, where do I apply to get on the chopping block with the golden parachute? I want to be ~~chopped~~ parachuted so hard, I'll cheat and swindle all you want (wait... hope that saying this publicly didn't disqualify me?).

Were you born rich? You have to be born rich.