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by Proziam
2275 days ago
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> But the truth is you would not like the result of that purity should the government follow that advice. I would prefer companies that buy back stock, pay ridiculous salaries and bonuses to execs, have giant golden parachutes, and so forth use the capital to secure themselves for situations like these. I think bailing out companies that have demonstrated that the government bailout is their risk mitigation strategy should be allowed to die. Yes, that would suck more right now, but it would mean that from here on out companies have to act 'just a little bit more' responsibly. |
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