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Daily Archives: September 21st, 2008

2.5 Billion in bonuses to Lehman Brothers fat cats

You truly couldn’t make this stuff up. (Via Americablog, via Naked Capitalism, via the UK Times Online: STAFF at Lehman’s New York office who helped to cause the world’s biggest corporate bankruptcy are to share in a $2.5 billion bonanza. The bonus, which has been described by London staff as a “scandal” has been pledged […]

Courtney Fund Raiser

A little diversion as we contemplate the prospect of Congress giving Henry Paulson, a creature of Wall Street, unfettered power to help out his Wall Street buddies. Our own Congressman, who it would be nice to hope would resist the pressure to back this Christmas present to the greedy, is having a fundraiser here in […]