Difference between ownership and contracting
These companies wouldn't exist without the intervention, and the people running them have seemed to different goals than the new owners.
Us.
So it is up to us to make sure they don't screw us AGAIN. Which means make the "top" level unattractive to the sharks. There are VERY few people that this impacts and those people are not necessarily the people that we want in place anyway.
And while I know you think $200,000 is low for some key areas of the country (and I agree with you), is is very high for the regions that have been hit by the car problems. I would expect that a few people get more after they renegotiate, and the perks will be buried without being directly attributable to the person.
If the feds did not come in, the vast majority of these people would be out of work, along with the line workers. You may say they are well recruited, but they also have a LOT of competition from other people, people who don't have the same interests as them, people who know that you need a little constructive destruction before you can stop repeating the same mistakes. So I suspect the feds have many resumes in their pocket, waiting to see what positions open up after the shit settles. No idea if the new people will be better or worse than the old people, but we already know the old people were bad at what they were doing.
I think the term ossified applies.
So this is probably one step of many squeezing them out without firing them directly.
