Lehman (LEH) CEO Fuld: I Will Not Pay Myself $40 Million This Year

Lehman’s (LEH) CEO Dick Fuld, whose tenure at Lehman is hanging by a thread, follows Morgan Stanley’s John Mack in forgoing a bonus this year.

If only the damage Fuld has done to Lehman shareholders over the past 12 months will only cost them a year.

See Also: Lehman Reality: Massive Firings and Sale Likely

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In