| 1. | clawback | ||
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Money or bonuses that has been granted and now are wanted back after a firm bankruptcy or even difficulties, bailout... - for legal reasons but more and more for moral reasons (public anger, etc) Possibility that a customer could be additionally raped via a clawback action after already having their funds stolen is simply villainous
For sake of public relations, management is asking their top executives to claw their last year bonuses back |
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