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Lehman Brothers Dec 14

Lehman Brothers May Be Dead, But Claim For $83M Bonus Lives On
Dec 11, 2015 | Kansas City Business Journal

Bond trader Jonathan Hoffman generated more than $700 million in profits for Lehman Brothers in the two years before the financial giant failed, and that would have meant an $83 million bonus, The Washington Post reports.

Lehman Brothers May Be Dead, But Claim For $83M Bonus Lives On

Dec 11, 2015 | Kansas City Business Journal

Bond trader Jonathan Hoffman generated more than $700 million in profits for Lehman Brothers in the two years before the financial giant failed, and that would have meant an $83 million bonus, The Washington Post reports.
Despite Lehman’s bankruptcy seven years ago and despite receiving an $83 million pay package from his new employer (Barclays), Hoffman still wants his money from Lehman, the report says. Hoffman’s bonus is one of the last hurdles to wrapping up Lehman’s bankruptcy.
The fact that former Lehman employees are seeking more than $150 million in bonuses points to the ongoing struggles...
For full story: http://www.bizjournals.com/kansascity/blog/morning_call/2015/12/lehman-brothers-may-be-dead-but-claim-for-83m.html

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