WSJ: After Bankruptcy, Lehman Pays $44MM in Bonuses
The Wall Street Journal reported that defunct Lehman Brothers Holdings, which collapsed more than six years ago, is still paying out millions of dollars in bonuses to the business’s wind-down team.
The Journal said the investment bank paid approximately $44 million last year to employees, citing a monthly operating report filed with the New York bankruptcy court.
To read the entire Journal article, click here.
Previously on abfjournal: Bloomberg: Lehman Haunts Banks Even After Shares Triple, September 16, 2013