Lehman Brothers Laughs At America

12:15 pm EST October 6th, 2008 | News | 11 Comments

Robber Baron 2.0

Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday.

As well, executives who feared for their bonuses in the company’s last months were told not to worry, according to documents cited at a congressional hearing. One executive said he was embarrassed when employees suggested that Lehman executives forgo bonuses, and cracked: ‘I’m not sure what’s in the water.’

Topic:

Related Posts

«
»

11 Responses to “Lehman Brothers Laughs At America”

  1. durablend says:
    October 6, 2008 at 12:33 pm

    OK–I’m going to stock up on the torches, who’s getting the pitchforks?

  2. Duros Hussein 62 says:
    October 6, 2008 at 2:51 pm

    Gotta love this country. Where else can you get a bonus for failure?

  3. Parthenon says:
    October 6, 2008 at 3:12 pm

    Where else can you get a bonus for failure?

    Nigeria, the Sudan, North Korea and Myanmar, to name a few. Probably nowhere else that considers itself ‘developed.’

  4. Duros Hussein 62 says:
    October 6, 2008 at 3:14 pm

    Well, we keep pretty good company, then, yes?

  5. Parthenon says:
    October 6, 2008 at 3:17 pm

    It takes a lot to dispose me favorably to the rantings of Noam Chomsky. Incidents like this one push me in that direction.

  6. Zython says:
    October 6, 2008 at 4:04 pm

    Economic terrorism at work here.

  7. Duros Hussein 62 says:
    October 6, 2008 at 4:23 pm

    I have one thing to say to these guys.

    YOU LOSE!

  8. Randy Brown says:
    October 6, 2008 at 5:55 pm

    When, oh when, will we see the Japanese tradition here? When you bring dishonor to your corporation, you should atone for it by blowing your fucking brains out.

  9. Duros Hussein62 says:
    October 6, 2008 at 9:45 pm

    Seppuku in the lobby @ 1:00.

    BYOK

    Bring your own Katana.

  10. Zython says:
    October 6, 2008 at 10:18 pm

    When, oh when, will we see the Japanese tradition here? When you bring dishonor to your corporation, you should atone for it by blowing your fucking brains out.

    Not to mention throwing out the conservative ruling party of 40 years out on their asses.

  11. Dr. Squid says:
    October 7, 2008 at 4:43 am

    One executive said he was embarrassed when employees suggested that Lehman executives forgo bonuses, and cracked: ‘I’m not sure what’s in the water.’

    I do believe that said executive is Comm. Bunnypants’ cousin.