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"- Had the company declined, the CEO would have gotten all the blame and been crucified. Can't give blame if you can't also give credit." And he would have bee
by s73ver_ 9y ago
"- Had the company declined, the CEO would have gotten all the blame and been crucified. Can't give blame if you can't also give credit."
And he would have been given a golden parachute worth far more than most of us will see in our lifetimes. His family wouldn't go hungry or homeless. At the same time, many employees will get laid off, and their families will have a very real chance of going hungry or homeless.
- bkanber 9y agoYes, that's true. When a pro NFL player gets injured in game 1 and has to sit out the rest of the season, they still get paid. If I get injured and can't code, I'm screwed. If we're talking about Fortune 500 CEOs, we're talking about pros at the top of the game where the economics are totally different. If you want a golden parachute like the Fortune 500 CEOs get, you also have to be one of the 500 -- just like I'd have to be a pro NFL player in order to get paid millions of dollars while sitting on an injury.