Monday, September 22, 2008

Execs Crash & Earn

Top executives at Lehman Brothers' New York office, who were at the helm during history's largest corporate bankruptcy, have been guaranteed the lion's share of a $2.5 billion bonus pot. Lehman had "walled off" the fund, telling buyer Barclays Capital that it couldn't use the money for anything but severance payments or bonuses.

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