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The risk/reward scale with the stakes. If billions are at stake, then it's fine if CEOs make millions. But yea, if you lose billions and destroy the company, th
by asdasdsddd 2y ago
The risk/reward scale with the stakes. If billions are at stake, then it's fine if CEOs make millions. But yea, if you lose billions and destroy the company, the C suite should personally get cleaned out and creditors should be able to garnish their wages for the rest of your life like alimony. This stuff should be written into contracts to weed out grifters.
- ethbr1 2y ago> If billions are at stake, then it's fine if CEOs make millions. Not least, because the incentive to steal from your employer scales with the difference between your compensation and potential gains. Do we really want someone making $50k a year also making decisions that could easily be corrupted to get millions in kickbacks?