Yes, but that wouldn't mean they're expected to murder & steal on behalf of shareholders if opportunity presented itself.

That money is owed to employees by shareholders.

Within the law obviously ;-)

Sorry, that sounded like a left rant. What I meant is 'isn't that outside the law?' The law says debts get paid, then shareholders can split what's left. I believe bankruptcy court is supposed to handle what debts go first. But it shouldn't theoretically make any difference to shareholders what debts go first.

Obviously the trick is to make sure your friends (the employees) get paid first by settling that debt before declaring. I can see how that might be legally troublesome. But it's the vendors, lenders, etc. that should be complaining, not shareholders.

When the employees benefit, the shareholders often do as well.

http://www.businesspundit.com/good-work-environment-higher-r...

I don't know if the data is significant, but it's certainly worth nothing.

Welcome to Capitalism! Bend over!

To clarify: I think it's really a sad state of affairs when the people who commit most of their waking hours to a company and depend on their salary for day-to-day living aren't the ones who are paid first.

Everyone knows: Bros (employees) before 'hos (shareholders).

Ok. Here's a hypothetical (actually no longer such a hypothetical scenario). The shareholders are the tax payers in a financial institution where the employees have been quite handsomely paid till now. Who gets paid first - employees or shareholders ?