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> that guy at the top does not have greater risk. The CEO and CFO of publicly traded companies get paid pretty handsomely in exchange for taking on a significa
by pwpw 4y ago
> that guy at the top does not have greater risk.
The CEO and CFO of publicly traded companies get paid pretty handsomely in exchange for taking on a significant amount of risk by signing off on the financial statements.
- pavlov 4y agoAnd when does that risk ever materialize apart from the Enron/Wirecard/FTX cases where the CEO and CFO truly were pulling a massive scam?
- ethbr0 4y agoKenneth Lay died after being convicted but before being sentenced, so afaik his family still has the money.
- Sebguer 4y agoThey get paid well to not do crimes? That's nonsensical.
- kortilla 4y agoThey get paid to take responsibility for crimes that happen underneath them. That’s a lot different and why you got confused.