[MrMan]

The perverse incentives baked into the typical compensation structure are bewildering. I can only think that it is herding behavior, similar to the way VCs and other investors rain client money down on tech entrepeneurs who often cash out or throw the money away before their companies have been proved viable. Groupon is a top of the mind example. How could they have been allowed to just cash out when the company had current liabilities that needed to be paid?