Npars01 ,
@Npars01@mstdn.social avatar

@rbreich

Buying someone's silence as they scapegoat him is common practice.

The folks that turned a blind eye to a catastrophic financial crash, scapegoated a few executives & traders and bought their silence with handsome amounts of "Bye-Bye" money.

It's a practice that should be made illegal because it's a practice that hides fraud & other criminal conduct.
https://www.americanprogress.org/article/the-golden-parachute-ceo-severance-and-the-housing-crisis-by-the-numbers/

https://hbr.org/2016/10/a-short-history-of-golden-parachutes

https://www.nytimes.com/2008/09/19/opinion/19iht-edbankers.1.16308239.html

https://www.brut.media/us/economy/the-most-controversial-golden-parachutes-d6a231fa-94a3-44a3-8756-6ea6bb6067e8

https://www.vanityfair.com/news/2019/11/inside-the-fall-of-wework

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