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Anybody want to bet that Bear Stearns' CEO gets a multi-million

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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:18 PM
Original message
Anybody want to bet that Bear Stearns' CEO gets a multi-million
Edited on Mon Mar-17-08 01:18 PM by rateyes
dollar golden-umbrella?

Anybody remember this story?

http://www.reuters.com/article/fundsFundsNews/idUSN0148190620071101
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taught_me_patience Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:20 PM
Response to Original message
1. I'll bet you my nearly worthless pension
he gets the golden parachute.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:22 PM
Response to Original message
2. But, it won't be multi-multi. Just multi, times are tough.
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tbyg52 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:22 PM
Response to Original message
3. No doubt. at all
It's the corporations, stupid!
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SCantiGOP Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:23 PM
Response to Original message
4. he deserves it
He took their stock in 14 months from $1.40 to $2.00.
Oops, typo: He took their stock from $140.00 to $2.00. He should get some reward: perhaps free room and board at a government sponsored facility.
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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:26 PM
Response to Reply #4
5. Works for me.
I hope none of my mutual funds were invested in Bear Stearns.
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catnhatnh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:30 PM
Response to Original message
6. Actually, the current CEO is a new guy....
The Chairman of the board who pulled down nearly 1/4 billion over the last few years stepped down recently....last week during the meltdown and fire sale he was unavailable to help as he was in Chicago playing in the National Bridge Tournament....true shit-I'm not bright enough to make this up....
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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:46 PM
Response to Reply #6
7. I believe it.
Just from the old article.
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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:48 PM
Response to Original message
8. I have to wonder how much stock the insiders ...
have sold over the last month.
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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-17-08 01:55 PM
Response to Reply #8
9. Would be nice to know.
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