Pre-Crisis Financial Company CEO Compensation...

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Pre-Crisis Financial Company CEO Compensation... Empty Pre-Crisis Financial Company CEO Compensation...

Post by Rockhopper on Thu Apr 30, 2015 8:05 pm

A list of the obscene payments of the CEO's who were the architects of the crash!

Since CEO compensation is back in the news, I thought we might want to revisit this collection of excess via Bailout Nation:

• Lehman Brothers Chairman and CEO Richard Fuld Jr. made $34 million in 2007. Fuld also made nearly a half-billion—$490 million—from selling Lehman stock in the years before Lehman filed for Chapter 11 bankruptcy.

• Goldman Sachs always pays its top executives handsomely: Chair- man and CEO Lloyd Blankfein got $70 million in 2007. Co- Chief Operating Officers Gary Cohn and Jon Winkereid were paid $72.5 million and $71 million, respectively.

• While Bears Stearns was rescued by a $29 billion Fed shotgun wed- ding to JPMorgan Chase, former chairman Jimmy Cayne received $60 million when he was replaced.

• American International Group CEO Martin Sullivan got $14 million in 2007 (he was thrown out in June that year). Robert Willumstad was handed $7 million for his three months at the helm (Edward Liddy took over as AIG’s chief executive in September 2008). So far, the tab for AIG’s bailout is $173 billion.

More Here.

When are these crooks going to be charged?

Tim.
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Pre-Crisis Financial Company CEO Compensation... Empty Re: Pre-Crisis Financial Company CEO Compensation...

Post by Lenzabi on Sat May 02, 2015 12:10 am

Some of the companies collapsed, the FatCats waled and will not be charged as they are too well protected.

Also, our Financial regulated committee the SEC regularly sees the top chaired by a member of Goldlman-Sachs,,,,the joke is they are called Government-Sachs due to this, So much is very, very wrong here. Those inside the industry are seen as the way to regulate it as they are able to see details, yet they go back to the jobs they held before, so the foxes run the henhouse on all levels. Amurika, land of the corrupt

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