Wednesday, October 08, 2008

Title: 'Your company is bankrupt, you keep $480m. Is that fair?'
Source: Guardian
Date: 10/7/2008

From the article:
    The chairman of the committee held up a chart suggesting that Fuld's personal remuneration totalled $480m (£276m) over eight years, including payouts of $91m in 2001 and $89m in 2005.

    "Your company is now bankrupt and our country is in a state of crisis," said Waxman, a liberal from California. "You get to keep $480m. I have a very basic question: Is that fair?"


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