THOUGHT FOR THE DAY!

"We are entering a new phase in human history -- one in which fewer and fewer workers will be needed to produce the goods and services for the global population."-- Jeremy Rifkin, economist

 

£10m bonuses paid to departing executives days before Lehman Brothers collapsed

Bonuses totalling over £10million were paid to three departing Lehman Brothers executives just days before the investment bank collapsed.

The huge payouts were made as the Wall Street giant pleaded for rescue, Congress was told last night.

Webmaster's Commentary: 

... and you get to pick up the tab for Lehman's "losses."

Comments

OBNOXIOUS!

justice

Fuld alone,took home nearly 72 million of RECORDED assets just last year!
Just think what that,and all these other obnoxiously gross salaries,could pay for,for SO MANY Americans from the grass roots UP!
It's just too UNDEMOCRATIC for Amwerica.
Is the Oligarchical Republic of the USA now? Just like Mexico,Saudi and Russia etc etc?

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