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this post was submitted on 17 Jul 2023
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And why would those executives and managers care about that? They just need to make sure they time their departures to be early enough that those holes don't impact the share prices. Welcome to modern capitalism where the C suites only goal is to make sure they deploy their golden parachute while the company still has enough cash left over to pay them.
Yeah, it should be obvious by now after 3 decades of 1980s-MBA style corporate management (and a Financial Crash that happenned exactly along those lines) that "the bonus comes now, the problems come after I've moved on" measures will always get a go-ahead from the suits at the top floor.