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@rose.cottage.vintage wrote:

This is it with modern companies, once you get to the top its rewards for failure.

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True, but not only modern.

E.g. During the mid-1800s, the Great Eastern Railway in the UK faced significant financial difficulties and operational failures. Despite these challenges, the company's directors and executives continued to receive high salaries and bonuses, even as the company struggled to maintain profitability and service.

And there are plenty of other examples.  Perhaps the fall of the Roman Empire?