Man Of The Week: Richard Fuld, Lehmen Bro’s CEO

A warm congratulations to you Mr. Fuld for a fantastic year. Just how much did your idiocracy cost?

• Last year, Mr. Fuld earned $45 million
• In the last 15 years, he has taken home $500m in compensation.
• He is number 11 on the Forbes All-Time Highest Compensated CEO’s.
• His average pay for the last year was $17,000 an hour.
• 30 years ago, typical CEO’s made 30 to 40 times the income of their workers.
• The new age CEO on Wallstreet makes 344 times the average pay of workers.
• Warren Buffett says CEO. pay remains the acid test that shows if corporate America is failing.

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