00:00Your company's net profits did not grow last year yet the CEO's still took home record-breaking millions.
00:07They utilized massive corporate cash reserves to delete millions of outstanding shares from the public market today.
00:15By shrinking the total share count, they artificially inflated the earnings per share metric almost instantly.
00:22The board of directors sets executive bonus targets based on this easily manipulated accounting math trick.
00:28This predatory financial engineering creates a powerful illusion of growth without creating a single new physical product.
00:37Instead of finally raising your stagnant salary, they spent the capital to trigger their own personal payouts.
00:45While the company's real underlying value remained stagnant, the paper metrics hit their specific bonus triggers perfectly.
00:52Corporate lobbyists legalized this specific practice in the 80s to transform COs into high-stakes stock gamblers.
01:01Bakers
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