BTC
$108,920.70
-
0.25%ETH
$2,660.72
+
4.25%USDT
$1.0002
-
0.00%XRP
$2.3167
+
0.41%BNB
$686.35
+
2.05%SOL
$176.71
+
1.44%USDC
$0.9996
-
0.03%DOGE
$0.2261
+
0.77%ADA
$0.7584
+
0.38%TRX
$0.2781
+
1.62%SUI
$3.6778
+
5.75%HYPE
$36.04
-
3.04%LINK
$15.90
+
3.22%AVAX
$23.38
+
2.20%XLM
$0.2868
+
0.76%SHIB
$0.0₄1447
+
1.08%LEO
$9.0880
+
3.64%BCH
$414.24
-
0.03%HBAR
$0.1873
+
1.20%TON
$3.0058
+
1.58%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
BREAKDOWN: Why Are Execs of Bankrupt Companies Being Rewarded With Millions?
It’s hard to tell people not to be angry with capitalism when the system is rewarding failure with millions of dollars in bankruptcy bonuses.
Listen or watch all the new CoinDesk podcast episodes wherever you want.
ABOUT
Today on the Brief:
- A followup on Tesla, corporate earnings and PayPal’s crypto ambitions
- New COVID-19 shutdowns in California
- Small businesses on the brink
This episode is sponsored by Bitstamp and Crypto.com.
Our main conversation:
Bloomberg has reported recently bankrupt companies including J.C. Penney and Hertz had provided executives with more than $131,000,000 in bonuses.
On this episode of The Breakdown, NLW examines:
- The logic behind these bonuses
- Why that logic is stupid
- How this sort of reward for personal failure in the wake of 2008 led to the rise of populism on the right and left
- Why we should allow companies to fail
- Why people’s sense that the system is a crony system isn’t wrong
HOST
CoinDesk
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.
EPISODES
BITCOIN SEASON 2: Not Just Coinbase, Everyone’s Leaking Crypto User Data
We explore the Coinbase customer data breach, vulnerabilities in KYC systems, and the increasing risk of physical att...
May 17, 2025
THE MINING POD: American Bitcoin is Going Public, IREN’s $100M Tariff Bill, Bitdeer Deploys Sealminers
American Bitcoin is gunning to go public via a merger with Gryphon Digital.
May 16, 2025
BITCOIN SEASON 2: What the Samourai Case Means for the Future of BTC Privacy
Seth for Privacy breaks down the Samurai Wallet legal case, Bitcoin's current privacy limitations, and solutions like...
May 14, 2025
Bitcoin to Replace U.S. Dollar in '10 Years': CoinDesk Spotlight with Tim Draper
Insights into the past, present and future of the crypto industry with Tim Draper.
May 13, 2025
COINDESK SERIES
0 EPISODE
The Mining Pod
Feb 10, 2025
1192 EPISODES
CoinDesk Podcast Network
The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.
Dec 20, 2023
1333 EPISODES
Markets Daily Crypto Roundup
Tune in as CoinDesk runs down daily action in bitcoin markets and some of the most important recent industry development.
Dec 19, 2023
0 EPISODE
Unchained
Unchained, your no hype resource for all things crypto by former Forbes senior editor Laura Shin, author of The Cryptopians.
Dec 18, 2023