09-24-2008, 12:54 AM
> Here, when a CEO lays off workers, he's not beaten to death, he's given a bonus!
Because stockholders here understand that laying off workers temporarily boosts the balance sheets, which drives the stock price up and gives them a chance to bail out with some cash before the company tanks.
Because stockholders here understand that laying off workers temporarily boosts the balance sheets, which drives the stock price up and gives them a chance to bail out with some cash before the company tanks.