[asats]

If I'm not mistaken that's 0.08% of their revenue.

[ceejayoz]

He won’t be the only person getting a bonus. Or a fancy office conference table. Or offsite team building exercises in Hawaii.

[simoncion]

Or larger-than-they-should-be-due-to-neglecting-essential-maintenance dividends to investors.

[gruez]

>Or a fancy office conference table

Even smaller order of magnitude than executive comp

>offsite team building exercises in Hawaii.

Source this actually happens to an extent that would materially affect the balance sheet?

[ceejayoz]

They add up.

Private plane: https://www.sfgate.com/business/article/executives-at-pg-e-h...

You hire your buddy’s company as a consultant or contractor, too. At a sweet rate.

[gruez]

>to an extent that would materially affect the balance sheet?

[ceejayoz]

I'm not sure how to explain to you that the expenses on the balance sheet are made up of a lot of small individual things.

[toomuchtodo]

Waste is waste. Squeeze it all out. Excessive management comp, share buybacks, dividends that could’ve been spent on infrastructure.