Comments on: Key Lehman Employees to Get $2.5 Billion in Bonuses http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html Sun, 22 Nov 2009 21:35:21 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16482 Anonymous Mon, 22 Sep 2008 11:34:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16482 Lehman to Barclays: "Thanks, suckahs!"<br/><br/>Paulson to US taxpayers: "Thanks, suckahs!" Lehman to Barclays: “Thanks, suckahs!”

Paulson to US taxpayers: “Thanks, suckahs!”

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16438 Anonymous Mon, 22 Sep 2008 03:21:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16438 Has anyone pursued the morality/ ethics/ legality/ constitutionality of a former CEO of one of the banks facing imminent collapse (Goldman Sachs), now US treasury secretary, using the federal coffers to bail out himself and his mates? Surely there's at least a conflict of interest here that precludes him from involvement in the bail-out. If so, will this not inevitably end up in the Supreme Court? Has anyone pursued the morality/ ethics/ legality/ constitutionality of a former CEO of one of the banks facing imminent collapse (Goldman Sachs), now US treasury secretary, using the federal coffers to bail out himself and his mates? Surely there’s at least a conflict of interest here that precludes him from involvement in the bail-out. If so, will this not inevitably end up in the Supreme Court?

]]> By: Stuart http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16406 Stuart Mon, 22 Sep 2008 00:26:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16406 dismay, utter dismay. dismay, utter dismay.

]]> By: jph http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16396 jph Sun, 21 Sep 2008 23:20:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16396 Gee, let's not let facts get in the way of a good story.<br/><br/>Did you know that Barclays is not picking up the division at Lehman that blundered? Gee, let’s not let facts get in the way of a good story.

Did you know that Barclays is not picking up the division at Lehman that blundered?

]]> By: Frank http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16372 Frank Sun, 21 Sep 2008 20:19:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16372 Is George Herbert Walker one of the essential guys?<br/>He's W's cousin. Is George Herbert Walker one of the essential guys?
He’s W’s cousin.

]]> By: There are some who call me... Tim http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16345 There are some who call me... Tim Sun, 21 Sep 2008 17:56:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16345 I'm certainly not suggesting this as a course of action - far from it... It would be a further breakdown of law that we'd end up sliding waaaaaay down.....<br/><br/>However, Don't the bozos who will be getting this $2.5 Billion fear anything? Aren't they afraid that one or two of the folks who either lost their jobs or lost their life savings will try to take it out on THEM? Guns, bullets, knives, baseball bats (even name brands like Louisville Sluggers) are cheap and plentiful. All they need is one or two disgruntled ex-employees or customers to snap, and the ill-gotten booty becomes moot.<br/><br/>Oh, I suppose they could afford a nicer casket, but I don't think that's what they are planning on spending it on.<br/><br/>Hope they can afford better security now. I hope they won't need it. I’m certainly not suggesting this as a course of action – far from it… It would be a further breakdown of law that we’d end up sliding waaaaaay down…..

However, Don’t the bozos who will be getting this $2.5 Billion fear anything? Aren’t they afraid that one or two of the folks who either lost their jobs or lost their life savings will try to take it out on THEM? Guns, bullets, knives, baseball bats (even name brands like Louisville Sluggers) are cheap and plentiful. All they need is one or two disgruntled ex-employees or customers to snap, and the ill-gotten booty becomes moot.

Oh, I suppose they could afford a nicer casket, but I don’t think that’s what they are planning on spending it on.

Hope they can afford better security now. I hope they won’t need it.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16341 Anonymous Sun, 21 Sep 2008 17:39:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16341 September 21, 2008<br/><br/> Reminds me of the CEO noodle at SF, B of A that sold the company down the river for a paltry $23 million bonus. Better, and more on the mark, to consider the $2.5 Billion “bonus” as a bribe to do the deal at less than market value. And this then makes Barclays as culpable as the “bribe” receivers.<br/> Just a thought.<br/><br/>Earl<br/>On a sunny September day on the beach. (Glad something’s sunny!) September 21, 2008

Reminds me of the CEO noodle at SF, B of A that sold the company down the river for a paltry $23 million bonus. Better, and more on the mark, to consider the $2.5 Billion “bonus” as a bribe to do the deal at less than market value. And this then makes Barclays as culpable as the “bribe” receivers.
Just a thought.

Earl
On a sunny September day on the beach. (Glad something’s sunny!)

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16322 Anonymous Sun, 21 Sep 2008 16:11:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16322 1- Shouldn't they launch an investigation to know who triggered the trasnfer.<br/><br/>2- What crap, these people are "essential" or "key". They are damns donkey that almost (or are) destroy the U.S. Empire. They should be in jail instead.<br/><br/>3- When short selling is put back, maybe Barclay should get a dose of that. 1- Shouldn’t they launch an investigation to know who triggered the trasnfer.

2- What crap, these people are “essential” or “key”. They are damns donkey that almost (or are) destroy the U.S. Empire. They should be in jail instead.

3- When short selling is put back, maybe Barclay should get a dose of that.

]]> By: eh http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16312 eh Sun, 21 Sep 2008 15:37:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16312 I wonder if reasoned argument can prevail against the fear, stupidity, mediocrity, and the establishment mentality of deference to those presumed to have special expertise that prevails in Washington. I mean look who's Speaker of the House -- that disgusting Nancy Pelosi. Not to mention idiots like Frank and Schumer. I wonder if reasoned argument can prevail against the fear, stupidity, mediocrity, and the establishment mentality of deference to those presumed to have special expertise that prevails in Washington. I mean look who’s Speaker of the House — that disgusting Nancy Pelosi. Not to mention idiots like Frank and Schumer.

]]> By: VoiceFromTheWilderness http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion.html#comment-16310 VoiceFromTheWilderness Sun, 21 Sep 2008 15:12:00 +0000 http://www.nakedcapitalism.com/2008/09/key-lehman-employees-to-get-25-billion-in-bonuses/#comment-16310 And if the deal doesn't succeed? What are these key people going to do then? Shop around for someone else to give the 2.5 billion dollars? Just exactly who has the power in this negotiation and why?<br/>Or is it just an old boys network?<br/><br/>Has the new way of doing corporate takeovers become using the federal government as a finance source?<br/><br/>Personally Ive thought for a while that's what Bear Stearns was. And if the deal doesn’t succeed? What are these key people going to do then? Shop around for someone else to give the 2.5 billion dollars? Just exactly who has the power in this negotiation and why?
Or is it just an old boys network?

Has the new way of doing corporate takeovers become using the federal government as a finance source?

Personally Ive thought for a while that’s what Bear Stearns was.

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