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American Corporate Business Practices
Fury at $2.5bn bonus for Lehman's New York staff
Date: 9/23/2008 3:27:12 AM ( 16 y ) ... viewed 1226 times
September 23, 08
1:25 AM
""What is appropriate for regulators to do, is the need to ask searching questions about the nature of people's remuneration and to ask questions of institutions as to whether they are paying out bonuses before they are really sure whether the profits are really there."A spokesman for the TUC said the US payouts were unfair. "It looks like those that will suffer the most from the Lehman Brothers' collapse are those at the bottom of the corporate chain while many of those at the top will be looked after," he said."
Read the whole story here:
http://www.independent.co.uk/news/business/news/fury-at-25bn-bonus-for-lehman...
DIRTY SECRET OF THE BAILOUT:
http://www.huffingtonpost.com/2008/09/22/dirty-secret-of-the-bailo_n_128294.html
HUFFINGTON THOUGHTS:
http://www.huffingtonpost.com/arianna-huffington/the-bailout-plan-welcome_b_1...
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