Eight Londoners who Fucked Fuld’s Wife, Got $100M an hour before Lehman go Down-under. Are these Names look familiar to you: Jason Tilroe $24m, Richard Atterbury $17.3m, Philippe Dufournier $13.5m, Eamonn Price $9.8m, Kenneth Brown & Scott Ferguson $6.7m each, Richard Howell $9.6m and Charles Pitts-Tucker$7.8m. Guess what it took Lehman Brothers Bankruptcy Examiner Jenner & Block Anton Valukas 6 years to removed to have Google remove their pictures from internet before this wallstreet-friendly horsemanure published. Here is something Worth-Loathed:
The eight London-based bankers who shared $100m at Lehman
Shanny Basar in New York
03 May 2012
Lehman Brothers paid eight of its London-based bankers almost $100m in the three years prior to its 2008 collapse, according to fresh documents released by US law firm Jenner & Block this month.
Jenner & Block, whose chairman Anton Valukas was appointed as Examiner in the bankruptcy of the Wall Street firm, this month released new documents related to the Lehman Brothers case.
Among these documents was a memo requested by Larry Wieseneck, then head of global finance at Lehman Brothers, relatingon compensation [ http://bit.ly/JQslid ].
One spreadsheet showed that the 19 group heads of global finance were awarded $69.7m in total compensation for 2007. Between 2005 and 2007 the 19 group heads were awarded a total of $184m.
Eight of this group were based in London and were awarded a total of $33m in pay and bonuses in the year before Lehman Brothers collapsed. Between 2005 and 2007 these eight bankers received a total of $95m.
Jason Tilroe received the largest amount of $24m across those three years (see chart). He had joined Lehman in 2004 from Goldman Sachs to run its risk solutions group in Europe, and in July 2007 was appointed to a global role in addition his responsibilities as co-head of European debt capital markets.
In July 2007, Richard Atterbury and Philippe Dufournier were also appointed co-heads of global finance in Europe and were awarded $17.3m and $13.5m respectively between 2005 and 2007.
In debt capital markets, Eamonn Price, head of European financial institutions, was awarded $9.8m in the three years before Lehman’s collapse, while in equity capital markets Kenneth Brown and Scott Ferguson, co-heads of the European business, received a lower $6.7m each.
The remaining two bankers, Richard Howell and Charles Pitts-Tucker, co-heads of the European corporate and leveraged finance group, received $9.6m and $7.8m respectively between 2005 and 2007.
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