2 ms·

Fair enough, no jail time then but how about the personal liability in money. You fuck up, it's your own money you gotta pay with, not the company's bottomless

• JumpCrisscross 3y ago
  > it's your own money you gotta pay with, not the company's I agree with this, and it could be constructed out of shareholder rights. Perhaps it could only be applied past a certain threshold of compensation, say, 100x the median wage. ($4.6mm [1].) I’d argue the threshold should be final, unappealable regulatory penalty or criminal conviction of the corporation. [1] https://usafacts.org/data/topics/economy/jobs-and-income/jobs-and-wages/median-annual-wage/ https://usafacts.org/data/topics/economy/jobs-and-income/job...
• lostlogin 3y ago
  > You fuck up, it's your own money you gotta pay with, not the company's bottomless war-chest. Sort of good and sort of bad - some percentage of the time this would lead to zero money changing hands as the executive is bankrupt or has no assets.