It is still great to be an Investment Banker at Lehman

[Primbs]

Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5bn (£1.4bn), Barclays Bank, which is buying the business, confirmed last night.

http://www.independent.co.uk/news/b...-bonus-for-lehmans-new-york-staff-937560.html

 

[Kotin]

think they're still hiring?

 

[muh_roads]

Explains why they were smiling as they were leaving the building with their stuff in boxes.

 

[RSLudlum]

so they all got 'silver parachutes'??

 

[Primbs]

Interesting story of "Follow the money."

 

[D.H.]

I saw another UK article where they made an Enron mention. I wonder what Jeb Bush's involvement is since he got hired last Aug at Lehman? Between Neil and the S&L scandal, Jeb and the Silver Springs scandal and Kenneth Lay it's no wonder our President is keeping such a low profile these days.

 

[Primbs]

If Jeb Bush got hired, the Florida pension funds probably purchased many of the Lehman products. Jeb Bush was probably hired to open many doors to the florida government investment funds.

I think there are some stories on that or some controversy.