5 ms·

If I'm not mistaken that's 0.08% of their revenue.

• ceejayoz 2y ago
  He won’t be the only person getting a bonus. Or a fancy office conference table. Or offsite team building exercises in Hawaii.
  • simoncion 2y ago
    Or larger-than-they-should-be-due-to-neglecting-essential-maintenance dividends to investors.
  • gruez 2y ago
    >Or a fancy office conference table Even smaller order of magnitude than executive comp >offsite team building exercises in Hawaii. Source this actually happens to an extent that would materially affect the balance sheet?
    • ceejayoz 2y ago
      They add up. Private plane: https://www.sfgate.com/business/article/executives-at-pg-e-hoping-to-fly-in-style-2535959.php https://www.sfgate.com/business/article/executives-at-pg-e-h... You hire your buddy’s company as a consultant or contractor, too. At a sweet rate.
      • gruez 2y ago
        >to an extent that would materially affect the balance sheet?
        • ceejayoz 2y ago
          I'm not sure how to explain to you that the expenses on the balance sheet are made up of a lot of small individual things.
• toomuchtodo 2y ago
  Waste is waste. Squeeze it all out. Excessive management comp, share buybacks, dividends that could’ve been spent on infrastructure.