Evolution of Dispossession

Evolution of Dispossession
How to Steal a Country?

Monday, September 22, 2008

Lehman Raiders

So Lehman Brothers filed for bankruptcy, and is being bought up by Barclays. But that does not prevent a $2.5 billion dollar exit package for Lehman employees in NYC. So the company goes belly up, the investors get ripped off, the market is in turmoil, and yet the execs get golden parachutes? Sounds about right.

1 comment:

MOM said...

Hi,

I cannot understand how employees/CEO's who destroy a company get rewarded with exit packages to the extent that they are being rewarded with all of these failed financial/insurance companies. At least Dick Cheney procured defense contracts for his ex-company, Halliburton, to justify his more than 4,000% increase in stock options and his deferred salary payments. And maybe he will have to face murder charges, if the Attorney General of Vermont has his way... What do the MBA's who destroyed the economic system of the U.S. have to fear? Nada! Maybe, as the Sarko proposed, they should be tried in international courts...