Lehman USD50M Bonus Plan OK’d
U.S. Bankruptcy Judge James Peck of Manhattan has approved a plan by Lehman Brothers Holdings to dole out USD50 million in bonuses to the staffers unwinding the collapsed bank’s USD50 billion derivative portfolio.
U.S. Bankruptcy Judge James Peck of Manhattan has approved a plan by Lehman Brothers Holdings to dole out USD50 million in bonuses to the staffers unwinding the collapsed bank’s USD50 billion derivative portfolio. According to court documents, Lehman had argued that awards were necessary to keep the 230
...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
