Author: roddubitsky

On eve of bankruptcy, U.S. firms shower execs with bonuses | Article [AMP] | Reuters

On eve of bankruptcy, U.S. firms shower execs with bonuses | Article [AMP] | Reuters

Bonus before bankruptcy or BBB. Where is the governance? Hopefully some of the bonuses will be subject to clawback. The beauty of the “heads I win, tails you lose” C-Suite. When company does well bonus is well deserved, when company does poorly they need to retain management to execute “visionary” turnaround. And when board is …

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School closures force parents to choose between family and work

School closures force parents to choose between family and work

Article neatly highlights the double poverty  burden of Covid rules – poor working women who don’t can’t afford to hire childcare providers and children who disproportionately suffer from home schooling. The evidence shows that opening schools presenta relatively low risk. But when the voiceless disproportionately suffer who will listen? Boris Johnson telling the employer to …

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Private Equity Lands Billion-Dollar Backdoor Hospital Bailout

Private Equity Lands Billion-Dollar Backdoor Hospital Bailout

Ridiculous how PE pumps debt into a company and only uses dry powder for new companies rather than supporting the companies they layered in debt. Private Equity Lands Billion-Dollar Backdoor Hospital Bailout [“https://www.bloomberg.com/news/features/2020-06-02/private-equity-lands-billion-dollar-backdoor-hospital-bailout”]