What is Digg?146 Comments
- stachesnmullets, on 10/14/2008, -6/+125Shameless!
- kinglou, on 10/14/2008, -6/+122This should surprise no one but enrage us none the less. Its classic white collar thievery from the super rich who think they still deserve something when they have done nothing but ride the economy into the tank. Way to go douche bags. You've managed to live up to every stereotype of the business worlds avarice and greed. Go get hit by a bus.
- AWBoy666, on 10/15/2008, -2/+57The money was never paid:
"The executives never received the payments – detailed in internal Lehman documents seen by The Sunday Times - because the company filed for bankruptcy protection the next working day, September 15."
Next time people should digg up the article and not some ***** opinion piece on it! - morgino, on 10/14/2008, -8/+58I do right by people, work hard, yet I am figuring out how I am going to keep the water from getting shut off. These guys help drive a global economy into near catastrophe and they are probably sitting on a beach in Jamaica smokin a fatty, drinkin Red Stripe and eatin jerk chicken.
I think I just went from agnostic to atheist - gsgdiggs, on 10/14/2008, -4/+49These guys need to be held accountable at some point.
- hawkeye17, on 10/14/2008, -5/+46Two words...pyramid scheme. These guys just cashed in.
- Jforsyth89, on 10/15/2008, -3/+42Actually, the CEO of Lehman Brothers was punched in the face while working out at the gym the day his company went bankrupt.
- Nattybumpoe, on 10/14/2008, -1/+37I am wondering if this payoff would be considered a preferential transfer. When you file for bankruptcy any transfer of funds within 90 days before filing for bankruptcy are voided and returned to the trustee. But I'm not sure how that works with a corporation paying off executives for "wages" under a Chapter 11 bankruptcy filing (which is not liquidating assets, but is restructuring debt and coming up with a repayment plan).
- gooberbeans, on 10/15/2008, -5/+39George Carlin was right, the game IS rigged. This is just one more example.
- elshizzo, on 10/15/2008, -1/+26"Actual" article
http://business.timesonline.co.uk/tol/business/ind ... - mrsteveman1, on 10/15/2008, -0/+18Not enough times apparently
- PubStomp, on 10/15/2008, -2/+20It is the trickle down theory, if the execs get their cash, I eventually will get my 2 cents.
- AWBoy666, on 10/15/2008, -4/+22PS:
"The executives never received the payments – detailed in internal Lehman documents seen by The Sunday Times - because the company filed for bankruptcy protection the next working day, September 15."
This isn't even news and TP lied about the details! - infinitus64, on 10/15/2008, -0/+17Why aren't people stomping these peoples heads into the curbs.
- algaeturd, on 10/15/2008, -4/+19Please get this to the front page...I realize that nobody CARES at this point but still, it would be nice if the sheeple would get a little angry once in a while. I'm starting to think that Americans like to be ***** in the ass on a regular basis by the powers that be.
These people need to be hauled down to the local prisons and have the keys tossed away. What they'll get is more back patting and possibly some 'grilling' from congress. CRIME DOES PAY. - evil-doer, on 10/15/2008, -1/+15Would HAVE stopped this. Who's the moron again?
- seltaeb4, on 10/15/2008, -4/+17If you make less than $250,000 and you've fallen for all of this Ronald Reagan supply-side bullcrap all of these years, and have been voting Republican, you've basically stood there doing cartwheels, waving flags, and cheering while your daughter, your wife, your mother and your grandmother were raped right in front of you.
Do you think any one of these bastards gives one fleeting damn whether you and your family live or die, unless there is a DIME to be made off your broken back, your shattered soul? If so, think again.
Deny it all you want. Search your feelings. You KNOW it to be true.
It's never too late not to be an idiot. VOTE IN YOUR OWN ECONOMIC INTEREST FOR ONCE, K? - seltaeb4, on 10/15/2008, -0/+13Why aren't we stomping their heads into the curbs, you ask?
My question: Why aren't we slamming their heads onto pikes lining our streets? - AWBoy666, on 10/15/2008, -1/+12"Lehman Brothers $100 Mil Executive Payout"
Payout implies PAID. No one reading that title would think that it hadn't been! Just an awful job reporting. - satanguy, on 10/15/2008, -0/+11it doesn't work that way...
instead: execs get their cash, you lose your job, pension, house, shares etc - sekhui, on 10/15/2008, -1/+12but why did they even vote to transfer the money? i think the sentiment of outrage is appropriate based on their actions even if they didn't actually get the money.
- AWBoy666, on 10/15/2008, -2/+13Why the ***** do you digg up the TP article about it and NOT the article? DIGG FACTS PEOPLE.
- seltaeb4, on 10/15/2008, -1/+12Hmmm.... if I could get away with a FEW DOZEN MILLIONS for taking a punch in the face ONCE, I'd probably do it.
Wouldn't you? - avataros, on 10/15/2008, -4/+14Just haul their asses in front of a congressional committee in front of cameras and ask a single question "why?" Then proceed to rip them apart from there.
They should be in cuffs and shackles, doing the perp walk for the cameras. - NavySeal, on 10/15/2008, -3/+11Honestly WTF!
- beattym, on 10/15/2008, -0/+8Read the original article folks.....they never got paid...be mad at the folks who actually got paid....don't get me wrong the committee that approved the payouts needs a beat down.....but it doesn't matter now because they never received the payouts.
- nicktheawesome, on 10/15/2008, -0/+8Gun point.
- inactive, on 10/15/2008, -0/+8We've built this society up to fail. We've put our leaders outside our own reach. We've allowed our businesses to profit off of shortcuts at all costs (environmental, social). It is an overextended mess. Look at our trucking system, look at our food production. Good practices are discouraged in favor of PROFITS.
And people know this! But they honestly don't give a *****! Mostly because it's so ***** easy. Big farms produce tasteless, oversized, modified, pesticide-covered crap. Most of them, if the small farmer took over, are not salvageable for decades because of the chemicals.
Companies pay huge money to hijack our culture. Cultural value is not built up around things that mean anything on a human level. And people will defend this to the death, and I truly wonder why. Advertisements make me sick. If a product is worth buying, word of mouth can easily control demand, and limit this idiotic global demand. Being able to get things so easily all over the globe sure is convenient, but it takes the value out of pretty much everything.
You want to do something about it? Fight back for our local farms. Come up with solutions to long-distance distribution. Learn about our options for our banking systems, and money. Move closer to work. Identify the ways in which you pay money to companies who do things you do not condone. Stop buying their products.
We've ALLOWED the system to be rigged. Blame yourself as much as anyone else. - BlatheringIdiot, on 10/15/2008, -0/+7Dugg for the image :
"sitting on a beach in Jamaica smokin a fatty, drinkin Red Stripe and eatin jerk chicken." - AWBoy666, on 10/15/2008, -1/+8Dude, everyone in here assumes that. Look at the responses......only us actually reading the article notice the truth. Using language to imply what you want regardless of the truth is pathetic reporting.
- inactive, on 10/15/2008, -0/+6They made money? They why are they bankrupt? Why did they FAIL THE SHARE HOLDERS? Lehman Brothers should be held accountable for their poor, highly suspect, and even criminal choices that lead to their demise.
As for, by whom:
A) The stake/stock holders
B) The American people
Have you forgotten Enron so soon? - DiggMasterJ, on 10/15/2008, -0/+6Criminal!
- brundlefly76, on 10/15/2008, -0/+6Leave it to a British article to teach me a new word - 'remunerated'.
- Averness, on 10/15/2008, -1/+7I've been saying this for years. Blue collar workers are driven like lemming by fear and peer pressure to vote republican. It's like sheep voting for the wolf party.
- inactive, on 10/15/2008, -0/+5He needed a kick in the crotch too....
Hrm...The Crotch Kicker would be an awesome super hero
/ Please don't sue me Kevin Smith - doublefelix, on 10/15/2008, -1/+6They tried that but the free market approach of punch-directly-to-face was much more effective and satisfying.
- joshwehatetech, on 10/15/2008, -1/+6About 8 hours too late I am sure, but I dugg you up. Before you get the mob ready, make sure you have your facts straight.
- footfwd, on 10/15/2008, -0/+5It simple ***** those who FAIL should not be paid for it. And then get bailed out with tax payer money just to go on failing and sapping the economy. Maybe there would be more money for people to start their own business if these douches bags weren't giving $500.00 tips to under age Thai girls on corporate "retreat" And i'm freelance by the way.
- Anthet, on 10/15/2008, -0/+5Eh you are aware of the fact that they didnt actually get the money, right? All according to the article in question.
- socialrebel, on 10/15/2008, -0/+5half billion dollar spa retreat? i hope that was hyperbole...
it was only $400,000 but yes still.. it's the principle - Shiftgood, on 10/15/2008, -4/+9I wonder if you can call 911 on them.
- dupswapdrop, on 10/15/2008, -0/+5Only sh*t rolls down hill!
- sealink, on 10/15/2008, -1/+5Dugg for "it's never too late".
But don't include Star Wars in your politics, kay? I like to think that everyone in any party can enjoy them, especially the bits before Lucas went daft. - inactive, on 10/15/2008, -0/+4It's gone beyond rigged. It's hit the point of there are no winners unless you are the house.
- EasySt, on 10/15/2008, -2/+6Not that these guys aren't guilty of driving to company into bankruptcy, but as usual, you cannot trust ThinkProgress to tell the real story.
Click on "signed off" in the article and read the actual news this misleading story was based on and you will discover that:
"The executives never received the payments – detailed in internal Lehman documents seen by The Sunday Times - because the company filed for bankruptcy protection the next working day, September 15."
Buried for bogus title and typical sensationalist and misleading ThinkProgress "reporting". - seltaeb4, on 10/15/2008, -0/+4That's a "stock market" we can all approve of.
- gospe1337, on 10/15/2008, -5/+9Incoming lynchings ...
- Mujokan, on 10/15/2008, -0/+3You may be interested in this article:
http://www.mcclatchydc.com/251/story/53802.html - AWBoy666, on 10/15/2008, -1/+4And the capital markets turned south heavily in that 24 hours. Lehman went down in the course of 48 hours. No way to plan for that.
- chrisinsocalif, on 10/15/2008, -2/+5So they get a bonus for Bankrupting a company? I always thought this type of action gets people fired, I am so dense.
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