Require that if a company is too big too fail, in order to receive bail out money they have to completely rebrand into something else, and CEO, CFO, etc. and all board members need to quit without compensation.
Also, the government becomes the majority shareholder.
That point is always laughable … a company fails or losses lots of money so they lay off and punish the workforce while giving the CEO and top executives bonuses and million dollar deals.
It means they rewarded the same people that caused or led the company to its failure while punishing those at the bottom who were just merely following the leadership of those above them.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !canada@lemmy.ca
Require that if a company is too big too fail, in order to receive bail out money they have to completely rebrand into something else, and CEO, CFO, etc. and all board members need to quit without compensation.
Also, the government becomes the majority shareholder.
That point is always laughable … a company fails or losses lots of money so they lay off and punish the workforce while giving the CEO and top executives bonuses and million dollar deals.
It means they rewarded the same people that caused or led the company to its failure while punishing those at the bottom who were just merely following the leadership of those above them.