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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[In 2008 they all fell down. Who are they?]]></title><link>http://www.bloggingstocks.com/2008/12/26/in-2008-they-all-fell-down-who-are-they/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/12/26/in-2008-they-all-fell-down-who-are-they/</guid><comments>http://www.bloggingstocks.com/2008/12/26/in-2008-they-all-fell-down-who-are-they/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/management/" rel="tag">Management</a>, <a href="http://www.bloggingstocks.com/category/insiders/" rel="tag">Insiders</a>, <a href="http://www.bloggingstocks.com/category/scandals/" rel="tag">Scandals</a>, <a href="http://www.bloggingstocks.com/category/jpm/" rel="tag">JPMorgan Chase (JPM)</a>, <a href="http://www.bloggingstocks.com/category/mer/" rel="tag">Merrill Lynch (MER)</a>, <a href="http://www.bloggingstocks.com/category/fnm/" rel="tag">Federal Natl Mtge (FNM)</a>, <a href="http://www.bloggingstocks.com/category/aig/" rel="tag">Amer Intl Group (AIG)</a>, <a href="http://www.bloggingstocks.com/category/financial-crisis/" rel="tag">Financial Crisis</a></p><p><img hspace="4" vspace="4" border="1" align="right" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/12/wallstreets.jpg"  alt="" />Here is <a href="http://www.ft.com/cms/s/0/b2247e62-d02f-11dd-ae00-000077b07658.html">a roster of some of the fallen ones.</a></p>
<p><strong><u>Jimmy Cayne </u></strong>Former CEO Bear Stearns - latest compensation $32.1 million. He led Bear Stearns for 15 years. He resigned last January. Bear Stearns was acquired by <a href="http://finance.aol.com/quotes/jpmorgan-and-chase-and-co/jpm/nys">JPMorgan Chase</a> (NYSE:<a href="http://finance.aol.com/quotes/jpmorgan-and-chase-and-co/jpm/nys"> JPM</a>) for $10.00 a share. He and his wife purchased two luxury apartments at the Plaza.</p>
<p><strong><u>Richard Fuld </u></strong>Former CEO Lehman Brothers - Latest compensation $34.4 million. Subpoenaed by federal investigators to determine if he misled investors at Lehman. Executives at <a href="http://finance.aol.com/quotes/barclays-plc/bcs/nys">Barclays Capital</a> (NYSE: <a href="http://finance.aol.com/quotes/barclays-plc/bcs/nys">BCS</a>) bought Lehman's US assets.</p>
<p><strong><u>Kerry Killinger </u></strong>Former CEO WaMu - latest compensation $4.5 million. He became CEO in 1990 and built WaMU into one of the largest US mortgage writers. He offered sub prime mortgages which led to WaMU's rapid growth. He was ousted in September when WaMU was sold to JPMorgan.</p>
<strong><u>Angelo Mozilo </u></strong>Former CEO Countrywide - latest compensation $132 million. He helped build Countrywide into one of the country's largest lenders. A host of class action lawsuits have been filed against Countrywide, which is under investigation by the SEC. Countrywide was sold to <a href="http://finance.aol.com/quotes/bank-of-america-corporation/bac/nys">Bank of America</a> (NYSE: <a href="http://finance.aol.com/quotes/bank-of-america-corporation/bac/nys">BAC</a>) in January.
<p> </p><p><a href="http://www.bloggingstocks.com/2008/12/26/in-2008-they-all-fell-down-who-are-they/" rel="bookmark">Continue reading <em>In 2008 they all fell down. Who are they?</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/12/26/in-2008-they-all-fell-down-who-are-they/">In 2008 they all fell down. Who are they?</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Fri, 26 Dec 2008 14:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.ft.com/cms/s/0/b2247e62-d02f-11dd-ae00-000077b07658.html>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/12/26/in-2008-they-all-fell-down-who-are-they/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1411649/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/12/26/in-2008-they-all-fell-down-who-are-they/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>aig</category><category>bac</category><category>banks</category><category>CEOs</category><category>derivatives</category><category>FEATURED</category><category>fnm</category><category>fre</category><category>jpm</category><category>kerry killinger</category><category>KerryKillinger</category><category>lenders</category><category>mer</category><category>recklessness</category><category>richard fuld</category><category>RichardFuld</category><category>WAMU</category><category>wb</category><dc:creator><![CDATA[Connie Madon]]></dc:creator><pubDate>Fri, 26 Dec 2008 14:00:00 EST</pubDate></item></channel></rss>
