Afterwards tax payers can pickup the bill.
I gues the movie executives can pick some tax payer paid bonuses like American bankers in 2008.
Afterwards tax payers can pickup the bill.
I gues the movie executives can pick some tax payer paid bonuses like American bankers in 2008.
And it's not really 'tax payers' that pay the bill here, it's 'stock owners'. There's no reason to bail out a movie company.
One probably shouldn't be 'making movies' if fake sales are necessary because nobody wants to watch.
> And it's not really 'tax payers' that pay the bill here, it's 'stock owners'. There's no reason to bail out a movie company.
I don't know how it works in China, but often in the U.S., when people put their life savings into junk bonds (or an overly risky house mortgage) that inevitably go bust, they declare banckruptcy and ultimately tax debt is forgiven or severely cut, or tex revenues are funneled to them in the form of wellfare to help them stay afloat. So, yes, when a commercial entity fails for whatever reason (even criminally bad decisions), the tax payers are the ones left paying for the social safety net to keep the afloat.