Just How Fat Are Wall Street’s Fat Cats?
Posted on Oct 7, 2008
Sure, we’ve all heard the stories about Wall Street bigwigs lining their pockets with gold dubloons while the rest of us scramble to save pennies, but The New York Times has drawn out that contrast in graphic detail with a handy series of charts showing the total earnings (including bonuses) of 12 top executives from 2003-2007.
The New York Times:
As recently as June 2008, Mr. Fuld said he was confident that Lehman was sound even as the bank posted a second-quarter loss of $2.8 billion. But on Sept. 15, Lehman filed for bankruptcy and began sliding toward an eventual liquidation.