Quote:Really, what these corporations should have been doing is instead of dumping jobless people into an increasing problem of people not buying things, they should have taken the hit on their chins like honest business people - in the dividends of their stock. Not like anyone but the upperclass really depends on that bit of income, and even the richest people have some rainy day funds saved up somewhere in a mutual fund or something that's collecting interest. Not like its gonna kill 'em overnight to not get paid when their shit doesn't fly right. Greedy fucks.
The problem with this is what's called a Due Diligence clause. It's part of the deal that comes along with being a public corporation.
What it means is simple: You do not work for the company. You do not work for the employees. You work for the stockholders, because they own the company.
What it means is that, in exchange for the investment in the company that that stock represents, you are expected to produce for them, in rising stock prices and rising dividends.
And if you fail to do so, they have a right to sue your ass and get you fired.
Even if -- ESPECIALLY if -- you're the CEO.
Up until the 90's, people rarely did this unless they thought you were running the company into the ground. Then it happened a few times, and CEO's got scared of it. Now they go out of their way to avoid it, and cover their own asses.
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Sucrose Octanitrate.
Proof positive that with sufficient motivation, you can make anything explode.