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house Bill H.R. 1557

Should Companies in Bankruptcy be Prohibited From Paying Bonuses to Executives?

Argument in favor

By paying out bonuses to executives while their companies are going through bankruptcy, corporations are effectively rewarding them for running a company into the ground. Rather than giving them bonuses, companies should be focused on securing the livelihoods of their workers while undergoing bankruptcy proceedings.

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05/30/2019
Paying debts and obligations before bonus.
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Langho's Opinion
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05/30/2019
Yes because they’re the ones are probably bankrupt the company you’re in bankruptcy and then giving them bonuses I don’t think so
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Celiaann's Opinion
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05/30/2019
Why? If you aren’t paying your employees or bills why should execs empty the coffers lining their own pockets? They should get NOTHING! I bet if that president is set there will be quite a change in how organizations approach bankruptcy!
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Argument opposed

Corporate executives should be paid compensation that they’re owed by the company even if it’s going through bankruptcy, just as any other worker should, as that can lead to better results and a more desirable outcome for all. It’s not the federal government’s job to tell corporations how to compensate their executives.

Ross's Opinion
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05/30/2019
One thing I see as a problem here is that Congress does not no how to handle money, as we have seen when it comes to government set downs. Why should we trust them to tell others how to handle theirs. Maybe we need to have a law passed that says that if the government shutdown because of lack of money we have to have new election to find people who can handle public money better.
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Seth's Opinion
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05/30/2019
Intelligent people can agree with something without demanding that it be enforced with theft, violence, or the threat of kidnapping or even death in the face of non compliance. Congress has been failing us for over 100 years and y’all still get paid. Leave the private sector alone.
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Mark's Opinion
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05/31/2019
Get the governments hands out of the marketplace
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    Paying debts and obligations before bonus.
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    One thing I see as a problem here is that Congress does not no how to handle money, as we have seen when it comes to government set downs. Why should we trust them to tell others how to handle theirs. Maybe we need to have a law passed that says that if the government shutdown because of lack of money we have to have new election to find people who can handle public money better.
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    Yes because they’re the ones are probably bankrupt the company you’re in bankruptcy and then giving them bonuses I don’t think so
    Like (69)
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    Why? If you aren’t paying your employees or bills why should execs empty the coffers lining their own pockets? They should get NOTHING! I bet if that president is set there will be quite a change in how organizations approach bankruptcy!
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    I should think that would be obvious. Running a company into the ground and bankrupting it doesn’t deserve a bonus... or a presidency.
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    Corporations/ Companies Under Bankruptcy ”Executives Bonuses”..... No Way!!! By paying out bonuses to executives while their companies are going through bankruptcy, corporations are effectively rewarding them for running a company into the ground. Rather than giving them bonuses, companies should be focused on securing the livelihoods of their workers while undergoing bankruptcy proceedings. SneakyPete..... 👎🏻👎🏻Bonuses👎🏻👎🏻. 5.30.10.....
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    Yes, bad decisions made by the executives are the ones that put a company into bankruptcy. These individuals need to be held accountable for these decisions. This can be done by making sure all employees payments, including pensions, are paid before executives are paid.
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    Bonuses are generally rewards for performance. If bankrupt, its most likely these highly compensated folks collectively contributed to the failure- and they should, collectively, not be paid bonuses.
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    The executives are who put them there. They take greedy salaries, lay off people and then reward themselves with a pat on the back and a bonus. If I were to file bankrupts, would I be able to give myself a bonus first?
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    No bonus for mismanagement. But be careful. Never make a rule you cant enforce. They'll find a way around it.
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    When the CEO and senior leadership run a company into bankruptcy, all bonuses, stock options and golden parachute contracts should be null and void. They should also be made to work for the lowest wage they offer employees while they are in bankruptcy. Why should they be rewarded for negligence?
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    Employees should be paid first.
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    Companies in bankruptcy must not be allowed to pay bonuses to executives.
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    Absolutely. No bonuses. No pay increases. No golden parachutes. No doing away with workers pensions.
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    Of course they should. If you can’t pay your bills or employees you should certainly not be paying yourselves. Crooks.
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    If a company is in such fiscal distress that they have to file bankruptcy, then they can’t afford to pay their executives huge bonuses to disburse any remaining cash reserves. Quite the opposite! If they have mismanaged their organization to the point of bankruptcy, they have done nothing to deserve a bonus at all.
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    The guy at the top got them into bankruptcy. They should be the last in line for any money!
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    Bankruptcy should be a last resort. We must not allow people claiming bankruptcy to profit from. Coperation's executives
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    Intelligent people can agree with something without demanding that it be enforced with theft, violence, or the threat of kidnapping or even death in the face of non compliance. Congress has been failing us for over 100 years and y’all still get paid. Leave the private sector alone.
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    OMG! What would the CEOs do?
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