The Modern Businessman

Insight into current trends in Business, Finance, Psychology, Economics, and Fitness.

This blog provides running commentary on impactful and relevant current events and research. Insights into topics including Business, Finance, Psychology, Economics, and Fitness are provided by a rising Industrial/Organizational Psychologist.

7 Mind-Blowing Numbers From the Lehman Brothers Disaster:

September 16, 2013 by Aaron Kraus

7 Mind-Blowing Numbers From the Lehman Brothers Disaster: Yesterday (9/15) was the 5th anniversary of the Lehman Brothers bankruptcy filing. A couple highlights: 1. Lehman was the largest bankruptcy in U.S. history by asset value at $639.4 Billion. 2. Lehman creditors will receive a paltry $.18 on every dollar they are owed. 3. The annual compensation of Lehman CEO Dick Fuld the year before the company went bankrupt…. $34.4 million. Wow.