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."
Sunday assorted links
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1. Not the kind of lottery winner you are looking for. “According to court
records, Farthing strangled a girlfriend; sold cocaine to an undercover
polic...
4 hours ago
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