Quote from nutmeg:
July 6, 2008
Shhh! Santa doesn't really have to know. You see, Lehman employees are being rewarded for sticking with a good thing while they have it. In case you're counting, the firm has lost nearly 67 percent of its market value this year.
Yes, $9.5 billion doled out in December '07 - in case you're counting that's about 70 percent of the market value of the entire firm at Friday's close.
But this year there are no profits, only bonuses.
TERRY KEENAN is anchor of Cashin' In, an investing program that appears on Fox News Channel on Saturday mornings at 11:30. E-mail terry.keenan@foxnews.com
YES!!!!
GIVE BIGGER BONUSES TO THE EXECUTIVES AND BOARD OF DIRECTORS!!
Wall Street Capitalism MUST be rewarded!!
For their superior execution of their fiduciary responsibilities to the shareholders, it would be fair to provide them with yet greater compensation.
THIS IS PROOF THAT EVERYONE SHOULD INVEST IN LEHMAN NOW - SOVEREIGN WEALTH FUNDS SHOULD LOAN MONEY TO THEM TOO!! THEY HAVE PROVEN THEY WILL TAKE GOOD CARE OF YOUR INVESTMENT IN THEM!!