Corporations are scrambling to protect their senior executives. Boards are reassessing security budgets. And CEOs are being told to delete their digital footprints.
The public reaction is what scares them. They are entirely disconnected from the consequences their actions impose on the public and can't imagine why their "customers" would be cheering the death of their peer. They don't think Brian Thompson did anything wrong, maximizing shareholder value is a noble goal after all, so from their perspective the public just seems bloodthirsty.
Much like how DC politicians live in a bubble where they think everyone in the US has grocery options and plentiful healthcare (due to how business around DC structures these things so those "leaders" just assume all of the US is like DC), the C suite lives in a tone-deaf rich-person bubble with zero comprehension about what it is like to actually live in the shitty world they orchestrate and manipulate.
Reading some guff about the Kroger-Albertsons attempted merger was case in point. These corpos said: "Oh, if we don't merge, we can't compete against Walmart and Amazon, and we'll have to close stores." Like, no? What business goes, "hey, so we can't compete with adjacent-market companies, time to close up the places that generate our revenue!"
Or the recent Congressional vote to spend THREE BILLION OF OUR DOLLARS paying telecom companies to remove Chinese hardware from their networks. Something they were told to do years ago. The same carriers that will continue to raise our service rates every few months are making us (via Congress) pay them OUR money to do what they should have done themselves years ago.
None of these morons get it, they just keep corrupting their way to profits off of our backs, while digging out the ground we stand on from underneath us.
Everyone says this but I disagree. I'm sure Musk and many other public figures are emperors without clothes or whatever. But this idea that most execs are this other species blind to the muck under their boot.. but most people are normal people... They may be mean, evil, mentally ill. But they don't party in the front train car with no idea about the insect bars in the back. They're just selfish and don't care. They're well aware. Don't give them credit for ignorance by delusion. It's malice. I make business decisions. I make them in partnership with colleagues. Some are kind. Some are dicks. But they're intelligent enough to know what decision they're making. And this transcends boxes. Even some of the most compassionate and empathetic human centric people I've ever worked with, proven in actions, not words, are repeat Trump voters. Having said that, most verticals of business are like elected office in that a certain type of person is going to win and get to the top. Oil tycoons know they're burning the earth for personal gain. Non profit exec takes a big slice of pie, understanding the bookkeeping. They both just believe they should have it. Maybe not even deserve. Many leaders feel ordained to retroactively validate vile means to ends. "I'm on top, so I'm supposed to be on top. I see I stepped on people but that's okay, because I'm supposed to be on top." I know wealthy people too and it's nearly the same. They're on earth. They see what's up. Many of them are in your office but just don't mention cotillion or junior league. Some are kind, some are assholes. Just like all people.
Wow, I really feel like I should be clutching my pearls over the fact that this is what it's come to.
On the other hand...
Just like cops, these folks have earned every bit of hatred coming to them from the public. Even now they continue to pad their own bank account at a staggering rate on the deaths and misery of their fellow man.
If I were a healthcare executive with a conscience (lol I know), or even a healthcare executive with an adequate fear response, I'd resign tomorrow. (Or maybe yesterday?) I guarantee any of these folks has enough wealth to exceed the typical US lifestyle for the rest of their natural lives without having to take any more money for denying care to their fellow citizens. They can pack their shit, never work another day, and still spend the rest of their lives with less stress and greater financial security than my family ever will. There's literally nothing stopping them.
And if their "Type A" personality just can't let them spend multiple decades of their lives just relaxing with their family and enriching their inner self, they have a great resume to get a job at an industry that doesn't profit from the death and pain of their fellow citizens.
so they're going to spend a whole bunch of the companies money on security firms, it's definitely going to come out of the executive compensation and not the workers, right? .....right?
I don't dn't see how that's profitable. If I were on the board I would just make sure their life insurance was paid up. Management is completely disposable. If they die, then you just get a new one, plus the insurance payout.
The trouble is that most shareholders own their shares through mutual funds in their retirement accounts, and those shares get voted by the fund managers at Vanguard/Black Rock/Fidelity/etc. Those people definitely are part of the good ol' boys club and will definitely vote in the executives' interest and against their clients'.
Ha! They'll take it from the workers AND raise the prices of whatever products they're selling then pass the cost onto us for a tidy bit of extra profit. The leeches have to suck as much blood out of us as possible.
Owners have to make these officers feel secure again... so we will pay for the security... they can't have their comp cut just because some hero murdered their peer.
Legally, the murder was wrong. Full stop. There's no legal argument here that it wasn't. It may not have been the guy they caught, but someone was murdered and legally that's wrong.
Morally though, it's a lot more gray. It's pretty easy to prove that health insurers policies have literally been killing people thousands of people a year at at a minimum and even if it's legal for some reason, that's also still morally wrong. Attacking someone who's attacking other people is usually called defending.
He was a CEO, not a king. He doesn't single-handedly come up with and implement these decisions.
The policies are probably brainstormed in meetings with several people.
The policies are probably voted on by an even greater number of people
The policies are implemented by another set of people
The policies are enforced by another set of people
The profit of the company, which these policies likely aim to improve, is almost the single main goal of all of the shareholders.
Many other people have likely invested indirectly (e.g., in funds that contain that company's stock) and were also benefitting from the implementation of these policies.
The CEO may have been a big part of the problem, but he's not the only part. He may have even been a symptom of the problem. Was he elected, appointed? Who brought him into that position? Who didn't make the decision to remove him from that position if the opportunity arose?
EDIT: I'm not really sure why people are downvoting this. I'm not saying the CEO was innocent, I'm saying he's not the only one who holds the guilt for the decision.
Edit: most things are a gray area. Doesn't speak well of you if you think killing a human is so black and white it shouldn't even be questioned. You motherfuckers sure ain't philosophers.
Pretty obvious I meant that if you can't see an argument for and against killing this guy you're probably not much of a thinker, at least by choice on this issue
It doesn't sound like it was self defence, even if you stretch the meaning away from the legal. His life wasn't directly threatened by this organization.
He did it on behalf of others, which eliminates the self in self defence.
I've been thinking of it like what happened to Nicolai Caucescu. Sure, his death shouldn't have happened and he should have had a trial for his crimes, corruption, and abuses of power; but, Romania came out better afterwards.
Not really. The jury will decide if this particular person is guilty or not, but either way a man was murderer and that's an illegal action by whomever did it.
"forcing leaders to ask themselves uncomfortable questions about their own preparedness for a threat landscape that appears far more serious than many realized just a week ago."
It's probably even more serious than they think it is right now too.
In fact, all I see are talks of securing these executives. And as the article points out, security is a sunk cost. There is no financial gain. That means as security gets more expensive, they will have to weigh how to afford it versus the problems they cause.
Fear isn't the word I think we want though, fear seems too normal. Terror sounds closer to what they likely need to feel before things get better.
This is exactly my thought. C-levels are going to want competent security and not Rent A Cops, which costs. Companies which provide those services already charge a decent chunk of change for it, and the rates will likely go through the roof now. Additionally, I think they'll find that these "security consultants" will suggest absolutely unacceptable lifestyle changes for them to minimize areas of concern. Much easier to secure a house than a whole nightclub, or golf course.
“There are reports that girls are fawning over this guy. This level of notoriety risks triggering copycats. And let’s face it, some business leaders are vulnerablecomplete fucking ass bags”
If you listen to the news segment, it talks about security completely and not about chnaging the corporate zeitgeist around the priority balance between workers, customers, and shareholders.
I mean, when you've been actively supressing wages for decades so that you can keep your employees in debt to make them more subservient, you also kind of create a powderkeg of resentment and ill will. They really thought there would never be a spark?
Good. I hope they feel the need to look over their shoulders every two seconds. I hope they lie awake in bed at night questioning every noise outside. I hope they'll home cook every meal themselves from now on.