Hacker News new | ask | show | jobs
by shapefrog 1196 days ago
> Almost 15 years on, former Lehman lifers are still salty about what happened.

Many employees lost small - medium sized fortunes in the collapse.

When you got your bonus, it was in Lehmans stock. When your stock vested, it was considered a career limiting move to sell your stock - even for such extravagant things such as pay your kids school fees or put down a deposit on a house. You were not a true believer in Dicks vision.

Instead it was arranged for you to borrow against your Lehmans stock ...

1 comments

> Instead it was arranged for you to borrow against your Lehmans stock ...

Company scrip from the company store, but for rich people.