> If a for profit compaby goes belly up, do the board members suffer any real consequences, apart from perhaps not being invited into other boards? Funniest sh

> If a for profit compaby goes belly up, do the board members suffer any real consequences, apart from perhaps not being invited into other boards? Funniest shit I've heard all week. Once you get above a certain level (C-suite or board level), you only get in trouble in very specific circumstances. Most of the time on for profit boards you get paid to sit on your ass and meet in emergencies or annually or quarterly.