25 September 2008

Lehman's New York Staff Still Getting Bonuses

To the tune of $2.5 billion to be distributed amongst 10,000 staff in New York, and a lot of former Lehman employees who are not part of this deal.*

Running the numbers, these folks will be getting ¼ of a million dollars each, despite that many of the folks are the ones who ran the company into the ground.

Not enough bullets.

*And any right thinking people.

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