Financial crisis: Lehman Brothers staff’s $2.5 billion bonus bonanza provokes fury
By Myra Butterworth, Personal Finance Correspondent
Last Updated: 1:31pm BST 21/09/2008
Lehman Brothers’ British staff reacted with fury when told that colleagues at Lehman’s New York office were expected to share in a $2.5 billion bonus bonanza while they would be paid just until the end of the month.
Thy wee bit housie, too, in ruin,
Its feeble walls the winds are strewing,
And nothing now to build a new one,
Our toils obscure, for all that.
We didn't work in New York City,
For that I'm sorry, and mores the pity,
We'll take our pay at the end of September,
With grief and sadness we will remember.
(Courtesy of R. Burns)