Lehman Brothers fat cats to pick up $2.5 billion bonus

BARCLAYS CAPITAL, which picked up Lehman Brothers’ US staff last week, will include a $2.5 billion pot of gold which will be shared out to folk involved in the crash of the investment bank.

According to the Sunday Times, three big bonuses will be shelled out to ex-Lehman staff Michael Gelband, Erif Felder and Hyung Soon Lee. But others at Lehman will also pick up bonuses, although lesser mortals can expect to be made redundant.

Administrator Price Waterhouse Coopers is trying to claw back £4.4 billion from the US operation to help pay off people in the UK. 

One response to “Lehman Brothers fat cats to pick up $2.5 billion bonus

  1. Hi-Mike. as We ALL Know Sthucks are falling & AMD has Not weared Weather well, falling to $4.99 today, it was constant downTurn All Day. Now $5 from $6 isn’t Much & might say more for AMD Potential, My Idea is Turn FABS into Cheap Squats.
    drashek

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s