Home > Gwinnett > Rick Badie / My Opinion > Archives > 2008 > October > 07
Tuesday, October 7, 2008
The $480 million-dollar man
The Atlanta Journal-Constitution
Richard Fuld, the chief executive officer of Lehman Brothers Holding, Inc., apparently pocketed hundreds of millions of dollars while the company’s financial crisis grew year after year, the Los Angeles Times has reported.
At congressional hearings held Monday, Henry Waxman, a California Democrat, presented information that put Fuld’s pay at $484 million - earned in salaries, bonuses and stocks since 2000.
Not true, said Fuld.
It was “a little less than $250 million, still a large number, though,” he said.
Is any CEO worth that kind of money?
Permalink | Comments (42) | Post your comment | Categories: Rick Badie
Services »
