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Lehman Brothers CEO: I've Done a Terrible Job This Year So I Won't Pay Myself $40 Mil

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  1. #1
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    Thumbs up Lehman Brothers CEO: I've Done a Terrible Job This Year So I Won't Pay Myself $40 Mil

    Lehman Brothers CEO: I've Done a Terrible Job This Year So I Won't Pay Myself $40 Million - The Business Sheet



    The CEO of Lehman Brothers, Dick Fuld, whose tenure at his firm is hanging by a thread, will attempt to take some responsibility for demolishing shareholders (and keep his job) by not taking a bonus for 2008. If only the damage done will only cost shareholders a year.

  2. #2
    primeau

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    a 40m bonus...what a generous MF

    He'll get his regardless...Thats a standard not an act of chivalry IMO.

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    It's better than 99.9% of all other CEOs.
    So many cries of inequality stem from one of group
    of people doing little or nothing and then bitching
    about another group that actually does something
    to improve their lives.

  4. #4
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    He's just not going to take a bonus it didn't say how much the bonus was it only says in 2007 he was paid 40mil. He is probably doing it to avoid taxes or save his own ass......
    Coarse edged youth, the irish pendants string from their smiles
    not yet plucked as to slacken the seams
    and drag down the features of age,
    no folds or creases from unkempt wear
    eyes of tranquilty, crystalline-beads
    no sign of despair in their hair, nor their hearts
    but oh they have yet to be experienced and that makes aging so very worth it...ML circa2012

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