there is another aspect to this as well, felt for a while now that it's often a great big unemployment benefit scheme..
A company starts out needing shareholder capital, chugs along till the next "global crisis" (often needing loans before then) paying employees (especially seniors) handsomely, then when this "crisis" hits they all somehow need URGENT RECAPITALISATION, we all fall for it, buy more shares and on they chug, happily able to pay wages until the next "crisis" and BINGO the cycle continues. Often sometime in there the "good" part of the company is somehow spawned off to a different entity as well.
IMO but seems to happen.
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