I have a solution to the banking crisis. It’s still going to cost a boatload of money but I expect a more positive return.
A financial (or other) institution may only receive a loan if it’s co-signed by the company’s officers and board.
In this way golden parachutes become less meaningful in the present and only valuable if the company itself is valuable. I’m sure my financially savvy friends will find a reason to dislike this and maybe it is too simplistic, but I think it will work. It will certainly cut down the number of companies looking for cash.