Replies

Weren't these the same investment banks that only 18 months ago were all over the news with their partners enjoying the largest bonuses ever paid out in the history of business?? Hell, Financial Papers were giddy with that fact that even associates were getting 5 million in bonuses and buying fancy horse ranches and Ferrari's. The partners were way up in the double digits. The press was gushing, we should all be so smart and impressive!

I say, let the market correct itself, and if these guys still have shares, make them pony up - these are partnerships as well, that means these guys have a capital responsibility. Talk about FORECLOSURE - Let's start with they're second beach houses.

When my business crashed and burned, not billions, but certainly millions, I was stuck holding the bill. Still fighting the problems 2 years after the fact. Where was the government then?? Didn't bail my ass out! Guess I didn't pay enough graft to the guys in congress. Shame on me.

Weren't these the same investment banks that only 18 months ago were all over the news with their partners enjoying the largest bonuses ever paid out in the history of business??

Probably.

I say, let the market correct itself, and if these guys still have shares, make them pony up -

Fuld owned 2 million shares as of November. He's lost about $120 million as the stock dropped from the 52 week high.

According to Forbes, he made $324 million in the 6 years thru 2005. If he broke any laws, take his money and throw him in jail. Shareholders should feel free to sue his ass off.

I was stuck holding the bill. Still fighting the problems 2 years after the fact. Where was the government then?? Didn't bail my ass out!

The government is bailing Lehman out? How's that?