Execs are not going to defer something they TRULY earned for 5 years.
If you believe otherwise, I have a bridge to sell you.
If you read past financial statements there are deferred executive compensation components in every one. It’s not like they just invented this yesterday. It is part of executive contracts.
Better start sellin’.
But, remember that in major league sports, a LOT of pro athletes defer significant portions of their earnings to remain under the earnings caps.
You want me to believe that business people, who are typically a lot smarter than pro athletes, are dumb enough to collect a bonus after laying off 7,000 people knowing how the DBM would portray it!!???
Uh-huh.