Tags: lehman | bonus | new | york

Lehman Shot, but $2.5B in Bonuses Intact

Monday, 22 Sep 2008 08:48 AM

Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5bn (£1.4bn), Barclays Bank, which is buying the business, confirmed last night.

The revelation sparked fury among the workers' former colleagues, Lehman's 5,000 staff based in London, who currently have no idea how long they will go on receiving even their basic salaries, let alone any bonus payments.

Read the full story here: Fury at $2.5bn bonus for Lehman's New York staff

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Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5bn (£1.4bn), Barclays Bank, which is buying the business, confirmed last night.The revelation sparked fury among the...
lehman,bonus,new,york
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2008-48-22
Monday, 22 Sep 2008 08:48 AM
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