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yes. their ”1 in a billion” (excuse) became $1 billion (cost to them). of course, the CEOs not only go scot-free, but get to bail out with their golden parac
by fuzztester 2y ago
yes.
their ”1 in a billion” (excuse) became $1 billion (cost to them).
of course, the CEOs not only go scot-free, but get to bail out with their golden parachutes, while the shareholders and public take the hit.
https://en.m.wikipedia.org/wiki/Golden_parachute https://en.m.wikipedia.org/wiki/Golden_parachute
- bolognafairy 2y agoThose evil CEOs pulling the wool over the eyes of the poor shareholders! This is the employment contract that was negotiated and agreed to by the board / shareholders.
- fuzztester 2y agoWhere yuh bin livin all yore laafe, pilgrim? Under a Boulder in Colorado, mebbe? Dontcha know dat contracts can be gamed, and hev bin fer yeers, if not deecades? Dis here ain't Aahffel, ya know? Come eat some chili widdus. Id'll shore put some hair on yore chest, and grey cells in yore coconut. # sorry, in a punny mood and too many spaghetti western movies
- KennyBlanken 2y agoOh, it gets even better. US taxpayers are giving them billions for "national security" reasons. Nothing like giving piles of cash to a grossly incompetent company (the Pentium math bug, Puma cablemodem issues, their shitty 4G cellular radios, extensive issues with gigabit and 2.5G network interfaces, and now the whole 13th/14th gen processor self-destruction mess.)