3 ms·
I'm not sure what you're advocating as the alternative. If you're saying that they shouldn't have been bailed out, then that's legit, but it was a rapidly evol
by shaftway 3y ago
I'm not sure what you're advocating as the alternative.
If you're saying that they shouldn't have been bailed out, then that's legit, but it was a rapidly evolving situation and it's easy to play armchair quarterback with future knowledge.
If you're saying that the funds shouldn't have been allowed to be used for executive compensation then you're just sweeping the problem under the rug. Money is fungible, so it just means different funds would have been used for those bonuses. You can easily find examples of this with PPP loans, and there are similar parallels in lottery money being used for schools (it technically is, but at the cost of other money being taken away).
If you're saying that they shouldn't have honored those contracts, then that's a pretty easy lawsuit to win and they'll have to pay out the bonus anyway, plus the additional legal fees.