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Portland Exec Heads to Prison, with Bonus

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Portland Exec Heads to Prison, with Bonus

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Portland Exec Heads to Prison, with Bonus

Portland Exec Heads to Prison, with Bonus

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  • <iframe src="https://www.npr.org/player/embed/3505011/3505012" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The chief executive of Portland financial services firm Wilshire is receiving a $2 million "leave of absence" bonus while he serves a year-and-a-half in prison. The company's board says it's paying the executive because of his value to the company, but critics say the arrangement is an egregious example of corporate cronyism. NPR's Tom Goldman reports.