Monday, 6 October 2008

£172.6 million in Pay & Bonuses since 2000

For doing a good job ? - you might ask.
Well, not exactly. This was the pay of Richard Fuld, according to the BBC News. Mr Fuld was head of Lehman Brothers, the firm that went bust last month. It seems that Mr Fuld also requested multi-million dollar bonuses for other executives, days before the collapse.

What did Mr Fuld have to say ? "I feel horrible about what happened."

No comments:

Post a Comment

Your comments are welcome