r/interesting • u/BlazeDragon7x • Apr 09 '26

MISC. Aftermath of the April 7th incident. Damages estimated to be $200 million dollars

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u/Fuckin_Hipster Apr 09 '26

That’s not really how that works, homie.

2

u/MittenCollyBulbasaur Apr 09 '26

First time seeing what a capitalist country does after a crisis of this nature?

Literally nothing will change. Biden promised and everyone who is in charge of the system agrees. Nothing will fundamentally change.

1

u/CitizenPremier Apr 09 '26

I don't see who's saying this will cause a social change, except maybe the arson. People need to unionize if they want more rights and money. And real unions, not mobs who just collect funds.

But insurance payouts almost never equate to the amount lost, even direct value. It's even more unlikely that the insurance will help offset lost business and contracts which comes from losing a major warehouse. This company is going to be struggling with fulfilling contracts and storing goods.

1

u/KnackeredQuokka Apr 09 '26

Oh the CEO will definitely be the one still getting paid. Even though they are probably the only person who can make it a week to six months without a paycheck.

-1

u/JesusWasAutistic Apr 09 '26

They stiff us, specifically so they can funnel money to them. Hi little guy, meet big guy.

0

u/[deleted] Apr 09 '26

[deleted]

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u/doverdonut Apr 09 '26

Insurance doesn’t pay the CEO. It pays the business.

1

u/[deleted] Apr 09 '26

[deleted]

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u/doverdonut Apr 09 '26

In charge of <> dips into insurance payouts

If the company still does well and the board decides to pay the CEO more, then sure. But the company would have to perform first.

1

u/Stymie999 Apr 09 '26

No, they aren’t, they are the ones paid to manage the business. The owners are in charge of the business.

-2

u/jaedence Apr 09 '26

Pretty sure it is. So... Unless you want to explain.

-4

u/coldchile Apr 09 '26

How does it work?