Crisis

Working Paper

The Wages of Failure: Executive Compensation at Bear Stearns and Lehman 2000-2008

The standard narrative of the meltdown of Bear Stearns and Lehman Brothers assumes that the wealth of the top executives of these firms was largely wiped out along with their firms. In the ongoing debate about regulatory responses to the...Read more

Lucian Bebchuk
Alma Cohen
Holger Spamann
01 June 2010

Pages