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Kimbrown

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Kimbrown

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Sunday, 11/22/2020 4:02:34 PM

Sunday, November 22, 2020 4:02:34 PM

Post# of 43522
JCPENNEY CEO, CFO accepted their job offers with stock as part of their compensations. They agreed to spend their cash to buy stocks, just as us, shareholders. Why they could exchange their stocks for cash bonus before they agreed to file bankcrypcy? Because the executives were offered sweet deals with no financial losses to them so that they agreed to bankcrupt jcp disregarding the losses to shareholders.
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