3 ms·
worse yet, a lot of times the fleeced company sweeps it under the rug. the $X00,000-$X,000,000 that they they were screwed out of isn't worth the hit the stock
by viggity 12y ago
worse yet, a lot of times the fleeced company sweeps it under the rug. the $X00,000-$X,000,000 that they they were screwed out of isn't worth the hit the stock price takes as the market judges the existing leadership for not catching it sooner. I personally know of a case where a VP did this with contractors to the tune of ~$1.5M at a mega-bank. Just got fired, no pressed charges, no civil suit. Too embarassing.