Despite Their Firms Going Under, Bear and Lehman Execs Made

by Derek Loosvelt | November 23, 2009

Bear Stearns and Lehman Brothers executives suffered financially due to their firms both collapsing, right?

Wrong, says a new study by Harvard. And in fact, according to the study from that school in Boston, bigwigs like Jimmy Midnight Toker Cayne and Tricky Dick I Won't Get Fuld Again pocketed millions if not billions, thanks to stock sales and big-time bonuses doled out before both banks burned out.


AP Photo/Mark Lennihan

Filed Under: Finance


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