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I don't understand how this kind of deal is even legally allowed? This is clearly against the Shareholders' interests to overpay the fine in order to protect th
by gordon_freeman 5y ago
I don't understand how this kind of deal is even legally allowed? This is clearly against the Shareholders' interests to overpay the fine in order to protect the personal interests of some top FB executives.
- eurasiantiger 5y agoIt is not, but the FTC is the entity enforcing that. This is corruption, pure and simple.
- rscoots 5y agoAnother thread mentioned that as a figurehead of Facebook, Zucc being named in this could conceivably lead to bad outcomes for shareholders via bad press. My question is, if he was named would that lead to an investigation of his personal actions and dealings becoming public? If visibility into internal workings of the CEO is bad for shareholders then that's the way it ought to be I feel.