4 ms·
The usual reasoning I see on HN wrt sympathy for these execs is something along the lines of "they are worth more, so they get paid more." The argument seems t
by tjr225 8y ago
The usual reasoning I see on HN wrt sympathy for these execs is something along the lines of "they are worth more, so they get paid more."
The argument seems to fall apart when they are they very same people who ran the company into the ground. Tax the rich and help the poor- odds are they just got unlucky in a game that makes almost no sense.
- tyingq 8y agoEddie Lampart appears to have run it into the ground on purpose. He propped it up with his own personal money in exchange for the high level of control that allowed him to then pillage it. The shareholders didn't seem to see it coming.
- SubiculumCode 8y agoAlthough, sometimes a company will fail no matter how well it is managed. Chess analogy, if you lost your queen and rooks, even having the best chess computer take over your losing game might have a hard time avoiding a loss.
- paulddraper 8y agoIs that the same computer that lost your queen and rooks, or a different one?