Sep. 22nd, 2008
In Financial News Today..................
Sep. 22nd, 2008 09:27 am....staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5 billion, Barclays Bank, which is buying the business, confirmed last night.
A spokesman for Barclays said the $2.5 billion bonus pool in New York had been set aside before Lehman Brothers filed for chapter 11 bankruptcy in the United States a week ago.
A spokesman for Barclays said the $2.5 billion bonus pool in New York had been set aside before Lehman Brothers filed for chapter 11 bankruptcy in the United States a week ago.