The Biggest Business Scandals Of 2008; From Jerome To Bernie: "While some business observers lament the government's decision to let Lehman Brothers fail in September, headstrong CEO Richard Fuld was widely criticized for earning $240 million between 2005 and 2007 while making decisions that doomed the venerable firm, earning him the dishonor of being named The Financial Times' 'Overpaid CEO' of 2008. Most recently, it was revealed that Fuld and his colleagues evaporated $75 billion by not planning for an orderly bankruptcy."
One of Rush Limbaugh's celebrity CEO's "that is worth every dime of his compensation." Right.
Tuesday, December 30, 2008
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