Originally Posted by
ancman
Sure, but PB realizing that he can violate the contract for a price isn’t the same as PB saying that nothing management can possibly do is a contract violation unless an arbitrator finds otherwise.
They know that certain acts are violations, and they’re willing to pay the small price to keep committing them.
Bingo. And it’s not illegal for them to allow it to go there. Ethical? That word no longer matters on Wall Street.