Tuesday, October 7, 2008

guillotine time (part 3)

RICHARD FULD, the CEO of the Lehmann Brothers disaster, explained to Congress On October 6, that he hadn't received $480 million in compensation as Congressman Henry Waxman claimed, but that it was actually closer to $250 million.

2 comments:

Anonymous said...

It probably was valued at $480 million a month ago, but some of those assets aren't worth quite so much anymore.

Bud said...

Welcome back, Irene!