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TopicPolitics Containment Topic 396: America's Mid(terms)
Espeon
11/04/22 9:37:51 AM
#402:


masterplum posted...
You realize ceo pay is the same problem when companies make no money and are going out of business right? Golden parachutes and all that?

Yup. And YOU realize that corporations are legally obligated to benefit their investors above all else, right? So when theyre making record profits, that money is used on stock buybacks to boost the stock value, and the executives of the company are often compensated not by high salaries (well, comparably high salaries), but by stock options, which means those buybacks boost their net worth.

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