They absolutely learn! These jackasses got paid in stock, inflated their income 10x, cashed out, and then when shit hits the fan, the corporation is on the hook. These leaders never go on trial for this shit because destroying culture isn't a crime.
And then when there is an investigation, it's just a general cultural issue and no one person is at fault, so the company pays out a lawsuit, the current guy gets fired with a huge bonus to cover the fact that he couldn't inflate the stock and the pattern repeats.
So, basically, there's high upside and no downside so why not?
And then when there is an investigation, it's just a general cultural issue and no one person is at fault, so the company pays out a lawsuit, the current guy gets fired with a huge bonus to cover the fact that he couldn't inflate the stock and the pattern repeats.
So, basically, there's high upside and no downside so why not?