3 ms·

So just apply a massive fine to the company itself.

• simonh 8y ago
  All fines come out of executive bonus payments first.
  • koolba 8y ago
    No they don’t. On the contrary executive pay, is often locked in and any fines come out of shareholders bottom lines. If anything, rank and file employee bonuses are the ones that will take a hit as their “bonus” compensation is not guaranteed by contract.
    • AlexTWithBeard 8y ago
      The pays are locked, the bonuses are usually not. There may be a sign-up bonus (rarely) or a golden parachute (even more rare), but the whole idea of the bonus is to be tied to the company performance.
      • DataWorker 8y ago
        It seems like there are numerous examples that prove you wrong from Goldman Sachs to PG&E.
        • AlexTWithBeard 8y ago
          Can you elaborate your point about GS, please? I don't think they had a single year of losses, at least since 2006. https://www.macrotrends.net/stocks/charts/GS/goldman-sachs/net-income https://www.macrotrends.net/stocks/charts/GS/goldman-sachs/n...
          • DataWorker 8y ago
            It was very well covered in the news at the time. http://mobile.nytimes.com/2009/07/31/business/31pay.html http://mobile.nytimes.com/2009/07/31/business/31pay.html
    • tome 8y ago
      I think simonh was making a proposal rather than a statement of fact.