How many Lehman Brothers (now bankrupt) employees lost their jobs while the CEO, Fuld received $800 million?
Monday, February 8th, 2010Lehman Brothers filed for Chapter 11 bankruptcy protection on September 15, 2008. According to Bloomberg, reports filed with the U.S. Bankruptcy Court,
The prospect for Lehman’s .3 billion in mortgage securities getting liquidated sparked a selloff in the commercial mortgage-backed securities (CMBS) market.