This guy pocketed around $300 million and steered money to other Lehman executives whilst pleading poverty and bankruptcy to the Fed. Ask yourself this question - what can one human being do with $300 million. Surely $1 or $2 or even $5 million is enough. What do you need $300 million for? A fleet of yachts anmd private planes, your own private island, a few mansions around the world.
Lehman's Richard Fuld cops a pasting in US Congress
The bonuses were being paid out at the same time the company was pleading for the US Treasury to give it a taxpayer-funded lifeline.
No comments:
Post a Comment