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A comment on Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009). Parent comment

Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by maxlybbert on Monday February 09, 2015 @09:50AM (#9021371)
Not to defend the banks, but this reminds me of when a company declares bankruptcy and pays its executives bonuses. The argument is always that, no matter how flawed the executives' judgment is, it's better to have somebody doing the job than to have the executives jump ship.

I'm not sure the argument applies here, since I'm not sure how many companies were hiring executives during the time frame.

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Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by maaku on Monday February 09, 2015 @11:25AM (#9021971)
No, the real argument is usually that the executive contracts are constructed such that trying to weasel out of "bonuses" for them probably is ill advised.
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