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20. Re: THQ Files for Chapter 11; Plans Sale Dec 19, 2012, 16:31 Beamer
Kajetan wrote on Dec 19, 2012, 16:07:
Beamer wrote on Dec 19, 2012, 15:54:
To keep them afloat for the next few months.
Do you KNOW that or are you just guessing like everyone else? This money could also be used to pay a management bonus, because they did so well in managing the transition to Chapter 11.

Stop being paranoid. They just got a nearly $40 million dollar loan to help them get through the next few months. Notice that's "loan," meaning it needs to be paid back. They're desperate for money. Desperate to stay alive. The last thing they want to do is shuffle off into the sunset.

Do the execs want to get paid for doing a good job here? Yes. Yes they do. But they're not dumb enough to take money out of the coffers when they're struggling to stay alive at a time that they know that being bought out will mean even more money for them. And by that I mean that, if they don't want to stay with the company, they'll be paid a good amount to go away.
Music for the discerning:
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