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Crunchy Con (Free subscription) | 05/01/2009
... especially financial corporations, are as good as required to lead for the short term. Richard Fuld, the former chief executive of Lehman Brothers, E. Stanley O'Neal, the former chief executive of Merrill Lynch, and Charles O. Prince III, Citigroup's chief executive, may have paid themselves humongous sums of money at the end of each year, as a result of the bond market bonanza. But...
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Foreign Policy (Free subscription) | 05/01/2009
... again—and threatening to undo many of the gains we’ve made. Illustration by Dan Page for FPWill Richard Fuld, the disgraced CEO of the now defunct Lehman Brothers, go down in history as the father of Bolivian socialism? If we learn the wrong lessons from the global financial Crash of 2008, he very well could. That’s because the crash arrived at a crucial moment in the global fight...
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Prairie Weather (Free subscription) | 04/01/2009
... Or if you'd fully digested the standards with which our financial markets were operating? "Richard Fuld, the former chief executive of Lehman Brothers, E. Stanley O???Neal, the former chief executive of Merrill Lynch, and Charles O. Prince III, Citigroup???s chief executive, may have paid themselves humongous sums of money at the end of each year, as a result of the bond market bonanza....
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The Irish Times (Free subscription) | 02/01/2009
Top Story » Predicted demise of bonus culture prematureEx-Lehman Brothers chief executive Richard Fuld earned $485 million from 2000-2007. Photographer: Mannie Garcia/BloombergPhotograph: The Irish Times The banks' culture of entitlement runs deep, writes Proinsias O'Mahony THE YEAR 2008 was seismic in financial circles, not least in attitudinal terms. Greed is no longer good in financial...
