Thursday, March 19, 2020
Bailing Out Selfish Failures
Executives and board members chose bonuses and stock options vs. building emergency funds. Over the last 10 years, they gambled with the businesses they were entrusted to run, they took trillions of dollars off the table, and now want to keep their positions of power as taxpayers cover their losses. Executives should have to use their own money before taking ours. If they refuse to pay for their own mistakes, then why should we? The people running these corporations have failed their shareholders. Letting them keep their money and jobs validates, condones and applauds their selfish behavior.