Just a reminder, capitalism is not broken:
Sears is seeking court approval to pay executives as much as $19 million in quarterly bonuses while the company struggles to restructure in bankruptcy.
Three top executives could get nearly $1 million each if the company goes out of business. If Sears remains in business, they could get nearly $500,000 each for hitting the top performance targets.
The idea that nobody there thought “this might not look good” is a reminder why a lot of people don’t really like big businesses. The MBA generation done fucked shit up good.