Originally Posted by
fishforfun
This has been my argument since this happened. I keep hearing too much cash on hand and too little debt is bad. Well, maybe it’s time for some regulatory protections from congress. We seem to be the first hit when things go bad but we aren’t “allowed” to carry extra cash on hand to withstand these shocks. It’s time for a change. We should demand it as employees, taxpayers should demand it because they are bailing us out. I’m planning to write my reps until I get a legit answer.
Similar thoughts and in fact have an idea brewing...
Stock buybacks are not allowed going forward and CEO/exec board salaries are capped via a matrix of company size/revenue. All excess cash goes into what is essentially an employ/company solvency trust that cannot be touched or raided via law. Once this trust reaches a certain dollar amount only then can exec bonuses be paid out from it, but it must retain a minimum figure based on revenue. So CEOs and investors can still get rich but also must be truly beholden to the people they employee.
I'm not an economist, but something along these lines should probably happen going forward.