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Losses are socialized, profits and bonuses are privatized. That's how the current system is set up to work.
by benchmarkist 2y ago
Losses are socialized, profits and bonuses are privatized. That's how the current system is set up to work.
- tracerbulletx 2y agoThis is not an example of that..
- benchmarkist 2y agoWho is footing the bill for the bankruptcy?
- gorbachev 2y agoThe owners of the company.
- tracerbulletx 2y agoYeah and at least some of the creditors.
- euroderf 2y agoHow much of this bonus will be clawed back in bankruptcy proceedings ?