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A comment on On eve of bankruptcy, US firms shower executives with bonuses. Parent comment

Re:On eve of bankruptcy, US firms shower executives with bon... by ric2b on Saturday July 18, 2020 @10:00AM (#23881425)
> Why on earth would shareholders accept throwing money away to executives???? you position isn't logical.

Because more often than not they are friends with the board and the main shareholders.

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Re:On eve of bankruptcy, US firms shower executives with bon... by koheripbal on Saturday July 18, 2020 @03:29PM (#23884094)
You think they give each other millions of their own dollars, out of friendship??? Does that really make sense to you?

This is business. No one is gifting people their own money because of friendship.

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