4 ms·

Once you get to a certain level of success in the business world, you can't fail. CEOs who run a business into the ground easily find work leading other compani

Once you get to a certain level of success in the business world, you can't fail. CEOs who run a business into the ground easily find work leading other companies. CEOs who commit crimes almost never get punished. There's a serious issue with "moral hazard" because they can't fail or be punished.

justfor1comment 7y ago
.. and even if they are punished the fine is usually so small that they can commit the same crime a few hundred times and still won't run out of money.
ThrowawayR2 7y ago
> Once you get to a certain level of success in the business world, you can't fail. How are Scott McNealy, Carly Fiorina, and Don Mattrick doing these days? /s
- deleted 7y ago
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- tzakrajs 7y ago
  Two of those people are billionaires and the Carly Fiorina is also incredibly rich ($50-60 mil) after departing HP.
  - Sohcahtoa82 7y ago
    Not to mention a presidential campaign where she peaked at 15% at the polls. While a low number for sure, it's still a significant figure when there were so many candidates at the time.
  - Zimahl 7y ago
    Fiorina also ran for president and she used her experience at HP as a talking point for how she was a good candidate. It boggles the mind.
  - ThrowawayR2 7y ago
    And none of them have been been CEO of anything significant since their screw-ups. Sure sounds like failure to me.
    - deleted 7y ago
      [deleted]
    - Can_Not 7y ago
      Having over 10 million dollars seems to exclude eligibility for failure to me.
      - ThrowawayR2 7y ago
        Since the topic is "CEOs who run a business into the ground easily find work leading other companies.", what is your point? Bringing up their wealth contributes nothing of relevance to this discussion.
deleted 7y ago
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lostlogin 7y ago
> Once you get to a certain level of success in the business world, you can't fail. CEOs who run a business into the ground easily find work leading other companies. There are other paths too, like going on to lead countries.
forum301 7y ago
"Can't fail" was said before every possible failure.

justfor1comment 7y ago

.. and even if they are punished the fine is usually so small that they can commit the same crime a few hundred times and still won't run out of money.

ThrowawayR2 7y ago

> Once you get to a certain level of success in the business world, you can't fail. How are Scott McNealy, Carly Fiorina, and Don Mattrick doing these days? /s

deleted 7y ago
[deleted]
tzakrajs 7y ago
Two of those people are billionaires and the Carly Fiorina is also incredibly rich ($50-60 mil) after departing HP.
- Sohcahtoa82 7y ago
  Not to mention a presidential campaign where she peaked at 15% at the polls. While a low number for sure, it's still a significant figure when there were so many candidates at the time.
- Zimahl 7y ago
  Fiorina also ran for president and she used her experience at HP as a talking point for how she was a good candidate. It boggles the mind.
- ThrowawayR2 7y ago
  And none of them have been been CEO of anything significant since their screw-ups. Sure sounds like failure to me.
  - deleted 7y ago
    [deleted]
  - Can_Not 7y ago
    Having over 10 million dollars seems to exclude eligibility for failure to me.
    - ThrowawayR2 7y ago
      Since the topic is "CEOs who run a business into the ground easily find work leading other companies.", what is your point? Bringing up their wealth contributes nothing of relevance to this discussion.

deleted 7y ago

[deleted]

lostlogin 7y ago

> Once you get to a certain level of success in the business world, you can't fail. CEOs who run a business into the ground easily find work leading other companies. There are other paths too, like going on to lead countries.

forum301 7y ago

"Can't fail" was said before every possible failure.