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Fury at $2.5bn bonus for Lehman's New York staff

09.22.2008

WiseOne

Political Forum Owner

Join Date: Sep 2007

Location: Big Sandy, TN

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Fury at $2.5bn bonus for Lehman's New York staff

Quote:

Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5bn (£1.4bn), Barclays Bank, which is buying the business, confirmed last night.

Read More Here >> The Independent

WiseOne's Comments, yup...now that is BS! That just infuriates me right there. Instead of having a bonus pool set of for them, they should have a pool of jail cells set up!

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bank crisis, bank failure, executive bonuses, failing banks

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