• maynarkh@feddit.nl
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      5 months ago

      Even if they do, they get bonuses for short term stock gain, not long term stuff. If the going gets bad, they totally do bail. Some companies - khm Reddit khm - even bring in execs just to take a fall when that happens, only for the same guys who set the problem up to take back the reins after the fallout.

      • bluGill@kbin.social
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        5 months ago

        They generally have a large part of their net worth in company stock and are getting options. Thus long term matters.