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ok - gonna get creamed here.
I have no problem with the bonuses or salaries of the CEOs and returning them to the other employees or giving them to anyone is wrong. Why? Executives sign contracts, those contracts have negotiated terms and obviously compensation is a major part. Corporations have legal and compliance teams to ensure there is some check and balance to the business. Also, CEOs salaries are required to be disclosed and since they ultimatley report to shareholders, you can choose to sell your stock. So far, there have been questionable or risky business processes but nothing illegal. Also, Lehman is a big firm with different business lines, should the exec in charge of equity trading be penalized for someting he had nothing to do with? I am sure ALL of Lehmans employees are hired "at will" and can be disposed of at any time. Their salary is their business. Should we go back 5 yrs and reclaim any gain shareholders made on trading Lehmans stock?
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