To pay out millions upon millions of dollars in bonuses for incomplete work, poor performance, and unacceptable products is the height of government waste and mismanagement.
In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.
I don't think bonuses are always bad.
Movie stars today are as greedy for additional kids as bankers are for bonuses. It's the new badge of authenticity.
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