Friday, September 19, 2008

The party's over

From Bill Moyer's Journal, Friday September 19, 2008


Richard S. Fuld, Jr. Lehman Brothers - 5 years on the job - $354,000,000.00 bonus money 2008

Merrill Lunch - John A. Thain - 5 months on the job - $15,000,000.00 bonus

Merrill Lynch - E. Stanley O'Neal - $161,000,000.00 bonus (after reporting 8 billion dollar loss)

Bear Stearns - James Cayne - sold stake in company for $60,000,000.00 (after the collapse)

Freddie Mac - Richard F. Syron & Fannie Mae - Daniel H. Mudd $24,000,000.00 on top of their salaries after the demise of these agencies

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