Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk
by meiraleal on Friday August 16, 2024 @05:15AM
(#41264649)
That seems so easy to game. Do some small change that brings short term gain, bag the profit and let the rebound be the failure of another team.
[ Parent
| on HN ]
Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk
by arethuza on Friday August 16, 2024 @05:51AM
(#41264848)
Doesn't that pretty much describe the 2007-2008 financial crisis?
Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk
by 1over137 on Friday August 16, 2024 @07:19AM
(#41265273)
And every such crisis before it, and the next one too.
Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk
by throwaway7ahgb on Friday August 16, 2024 @09:03AM
(#41266038)
The crisis was 07/08, but the buildup was almost a decade in the making, does that count as short term?
Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk
by blibble on Friday August 16, 2024 @07:45AM
(#41265443)
the law in the UK is that material risk takers bonus pay over a certain amount (couple of hundred thousand) is deferred over 3-5 years and can be clawed back
Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk
by sbarre on Friday August 16, 2024 @07:20AM
(#41265284)
Maybe the profit share is earned out over time? Otherwise I would agree with you..
Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk
by throwaway7ahgb on Friday August 16, 2024 @09:02AM
(#41266033)
If you think it's easy to game 30M in short term revenue, please try to do that in a large firm.
The risk/compliance teams would be interested in your strategy.