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@GossiTheDog
Which brings me to a new idea for a law:
Executives and board members of companies should not be allowed to sell any stock in the company (or any company in the same conglomerate) until at least 3 months after ending such positions at that company.
Company going under? yeah, you fix it or that money is gone.
@Gurre @GossiTheDog Only three months? (BTW, often the "stock" is in the form of options that go through a same-day exercise-then-sell procedure.)
You might also need to put a timeout period on using stocks/options as collateral for loans.
@Gurre @GossiTheDog yes and government representatives shouldn't be allowed to buy or sell shares within a substantial period of holding office.
@bluetea @GossiTheDog Honestly, they should have to do no trading from when candidacy confirmed by their party (or similar), have to sell all stock (special rules for family owned companies I guess) after winning elections (money placed in general index fund in own country?). Back to normal say 3 (or 6?) months after leaving office?
Just recently the Swedish defence minister bought stock in a defence corporation while government was negotiating a large contract for materiel with them. 