Congress grills Lehman boss over 500-million dollar wages

[Scamp]

http://uk.news.yahoo.com/afp/20081006/tbs-congress-grills-lehman-boss-over-500-8cc5291.html

"WASHINGTON (AFP) - US lawmakers Monday grilled the head of Lehman Brothers demanding he justify some 500 million dollars he had earned since 2000, as well as huge bonuses sought for top executives even as the bank failed...

...In a series of written testimonies received over the weekend Fuld "takes no responsibility for the collapse of Lehman," Waxman said.  Instead, he cites a 'litany of destabilizing factors,' and says that 'in the end, despite all our efforts, we were overwhelmed.'"

Anyone else want to retch?

[MattH]

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@scapegrace13 wrote:

http://uk.news.yahoo.com/afp/20081006/tbs-congress-grills-lehman-boss-over-500-8cc5291.html

"WASHINGTON (AFP) - US lawmakers Monday grilled the head of Lehman Brothers demanding he justify some 500 million dollars he had earned since 2000, as well as huge bonuses sought for top executives even as the bank failed...

...In a series of written testimonies received over the weekend Fuld "takes no responsibility for the collapse of Lehman," Waxman said.  Instead, he cites a 'litany of destabilizing factors,' and says that 'in the end, despite all our efforts, we were overwhelmed.'"

Anyone else want to retch?

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How politically tone-deaf can he get!?!?

[haulingthescoreup]

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scapegrace13 wrote:

"WASHINGTON (AFP) - US lawmakers Monday grilled the head of Lehman Brothers..."

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Mmm, over hickory coals, lots of onions and peppers, with a judicious amount of zukes, plenty of olive oil and fresh-cracked pepper and sea salt... Maybe some foil-wrapped corn on the cob, lots of butter?

Perfect meal for early autumn, as the world economy implodes.

[MattH]

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@haulingthescoreup wrote:

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@scapegrace13 wrote:

"WASHINGTON (AFP) - US lawmakers Monday grilled the head of Lehman Brothers..."

---

Mmm, over hickory coals, lots of onions and peppers, with a judicious amount of zukes, plenty of olive oil and fresh-cracked pepper and sea salt... Maybe some foil-wrapped corn on the cob, lots of butter?

Perfect meal for early autumn, as the world economy implodes.

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In one of Jo Clayton's novels the sign in front of a bar was animated: it showed a Banker being roasted on a spit, and instead of perspiration he sweated money.