Thursday, February 11, 2010

2.10.2010

Lehman Brothers went bankrupt in September of 2008. The majority of their CEO's compensation was tied to stock. At one point their CEO, Dick Fuld, was worth about $1 billion at the peak of Lehman's highest stock price. When Lehman went bankrupt, his stock was worth $65,486.72.

Whoops!

1 comment:

  1. Man, if you could even cash out when it was still worth $100 million you could go buy an island!!! Doh!

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