My guess, since it sounds like something said to piss people off, is that they pay “too high” bonuses before the bailout because no one can put a number on the risk they take. The bailout money is used to save the company, the CEO may even be fired but he still have his mansion and luxury cars that he paid for by taking a risk at the tax payers expense.
I watched The Big Short for the Nth time, but I guess I was talking in general about the U.S.
My guess, since it sounds like something said to piss people off, is that they pay “too high” bonuses before the bailout because no one can put a number on the risk they take. The bailout money is used to save the company, the CEO may even be fired but he still have his mansion and luxury cars that he paid for by taking a risk at the tax payers expense.