[NEWS] Theft on a grand scale....

[tierk]

Fuck me i would love to have this guys job i mean $300million in eight years for a EPIC FAILURE. Awesome.

BBC NEWS | Americas | Lehman Bros head took home $300m

Even more unbelievable still......

Originally Posted by The Independent

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

Or

Originally Posted by ALB Legal News

The embattled company paid out $US5.7 billion in bonuses in 2007 alone, with senior executives including CEO Dick Fund receiving the biggest payments.

Glad to hear that they might be taken to court for what is quite clearly theft on such a huge scale it is not even funny

Originally Posted by ALB Legal News

In the wake the dramatic collapse of US investment Bank Lehman Brothers, it appears that creditors of the company may bring a class action suit seeking to recover some of the extortionate bonus payments made to senior executives.

According to Slater and Gordon Lawyer Ben Phi: “There may be grounds to allege that the bonuses paid to senior Lehman staff constituted a fraudulent conveyance – a civil cause of action that is available to creditors under US law

[pikeh]

Dick Fund xD


/ontopic, its pretty sick. Entire economy is going down the shitter, but that dosent matter as long as they can get a new Merc every fucking month.

[old.Tohtori]

Pleeeeenty of this going around, just look at government officials, ministers etc who reap a massive amount of dough, not to mention "pardons for loans" in the millions; while normal nurses, firefighters, police etc, who actually serve as more then glorified spokespeople, struggle to make ends meet.

F*ck ""equal pay for sexes", i want equal pay for equal amount of usefulnes of work.

[Huntingtons]

run for president and make it it marxistic more or less then!

[old.Tohtori]

Originally Posted by Huntingtons

run for president and make it it marxistic more or less then!

If presidents had such power, i would

[Huntingtons]

well, start as a general then, military throwover ftw!

but i guess in Finland you're too busy being at war with England to control the country with the army.

[tierk]

They should arrest all of them and lock em up for a looOong time.

This whole episode that we are currently seeing has been brought about by a bunch of thieving c**ts.

The entire concept of the US government giving these same thieving gypo's (companies and employees of the companies) a $800billion check is just plain wrong.

It is just going to be used to line the pockets of the very people that have engineered this whole thing.

I have read many articles, from when they had Alan Greenspan as the head of the FED, all saying that this was inevitable and that there would be hell to pay, well here it is.

As i said on Gorbo's thread of a few days ago, this is just the beginning, much much worse is yet to come.

[leviathane]

Heh's that's really every man for them self mentality as it's greatest.

[kirennia]

Nothing compared to the rockerfellas.....

[Sparx]

Wont really matter to be honest. Where are all these people going to put their millions? certainly not in the banks, they'll just lose it anyway

[Manisch Depressiv]

Prolly the 300m one German state bank transferred to Lehmann B. ...

[Himse]

sigh.

to be honest, there isnt really much he could do anyway to stop a collapse of the company.

alot of companies will go under in the next year or so.

[Gorbachioo]

Originally Posted by tierk

They should arrest all of them and lock em up for a looOong time.

This whole episode that we are currently seeing has been brought about by a bunch of thieving c**ts.

The entire concept of the US government giving these same thieving gypo's (companies and employees of the companies) a $800billion check is just plain wrong.

It is just going to be used to line the pockets of the very people that have engineered this whole thing.

I have read many articles, from when they had Alan Greenspan as the head of the FED, all saying that this was inevitable and that there would be hell to pay, well here it is.

As i said on Gorbo's thread of a few days ago, this is just the beginning, much much worse is yet to come.

What gorbo's thread? I havent made a thread about the economy in weeks.

But you're right when you say that this is just the beginning. Not just the beginning of a loooong and painfull depression, but also the beginning of a new era.

Im sure you have noticed that this "buble" in oil prices still hasnt burst even though demand is down considerably and everyone realise that things are going to become worse.

on topic: Personally i think its the systems fault. We really have to ask ourselves is unregulated capitalism really the way to go. Maybe we would have been better off with the soviets winning the cold war afterall.

[old.Tohtori]

Off-topic:

Originally Posted by Gorbachioo

What gorbo's thread? I havent made a thread about the economy in weeks.

Even when people agree, still nitpicking?

On-topic:

Originally Posted by Gorbachioo

But you're right when you say that this is just the beginning. Not just the beginning of a loooong and painfull depression, but also the beginning of a new era.

More to come? Sure, quite likely.

New era, doubtful. Well, any more then every year is a new "era".

[fettoken]

Originally Posted by old.Tohtori

F*ck ""equal pay for sexes", i want equal pay for equal amount of usefulnes of work.

Would call for the goverment to make some not so popular decisions, and loose some votes so not going to happen