BREAKDOWN: Why Are Execs of Bankrupt Companies Being Rewarded With Millions?

BREAKDOWN: Why Are Execs of Bankrupt Companies Being Rewarded With Millions?

Today on the Brief: A followup on Tesla, corporate earnings and PayPal’s crypto ambitions New COVID-19 shutdowns in California Small businesses on the brink This episode is sponsored by Bitstamp and Crypto.com. Our main conversation: Bloomberg has reported recently bankrupt companies including J.C. Penney and Hertz had provided executives with more than $131,000,000 in bonuses. On this episode of The Breakdown, NLW examines: The logic behind these bonuses Why that logic is stupid How this sort of reward for personal failure in the wake of 2008 led to the rise of populism on the right and left Why we should allow companies to fail Why people’s sense that the system is a crony system isn’t wrong See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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SpaceX IPO Filing to Reveal $545M Bitcoin Stash | CoinDesk Daily

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TBV co-founders Tobias Bauer and Brent Fulfer explain how high-production after-parties serve as a data-driven investment pipeline for their $30 million venture fund. Tobias Bauer and Brent Fulfer, c...

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The Blockspace Pod: Block’s Layoffs, Magic Eden Drops BTC + ETH, MARA Gets Serious on AI, Jane Street’s Lawsuit

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