During his tenure as CEO [of Lehman], Fuld made $490 million (before taxes) cashing in stock options and stock he received as compensation. A lot of employees, whose wealth was tied to the company's stock, were financially eviscerated when Lehman bombed. But Fuld is unlikely to show up applying for food stamps.
...As Treasury Secretary (and former Goldman Sachs chief executive) Paulson recently said, "Raw capitalism is dead."
Do we really need to play the Star-Spangled banner so much?
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I say no, in my latest Bloomberg column. Here is one bit: We live in a
country where very often the concession stands don’t stop operating during
the an...
1 hour ago
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