A Perakian in the West.

Lehman Brothers, a good place to work!. Ex UK staff join queue to sue Lehman for more than $100m in lost earnings and bonuses. Top bankers who worked for Lehman Brothers' UK division are suing the bust firm in claims amounting to hundreds of millions of dollars.

Six former bosses of the European operations are claiming more than $100million between them.
Among them is Riccardo Banchetti, former joint CEO of Lehman’s Europe, who is after $26million despite spending just a few weeks in the job.

Top share dealer David Bizer, who was co-head of equity sales, has filed for $21million in lost deferred remuneration. Within a couple of months he was hired by Nomura's European arm.
Within weeks of the bank's collapse Nomura had also hired Kieran Higgins and Georges Assi, Lehman’s' co-heads of fixed-income, both now filing for $18million each.
Other claimants include Giancarlo Sarrone, Harsh Shah, Conservative party backer Jeremy Isaacs (former European chief executive) and Rachid Bouzouba, former head of equity sales.

Eh-Lehman-staff-UK-form-claim-queue-lost-bonuses

How wonderful is it to be an ex Lehman employee. Not a care in the world. Let us sue Lehman. They have gone bankrupt I hear you say. Well who is going to pay for that? I know! You will, I will and the lady down the road will and the guy next door will, people like you and me who will foot the bill. Who gives damn? Us, the taxpayers who will be paying for it, that’s who. Damn it is good to be Lehman Brothers ex employees.

Most of us will be living just above the bread line wondering whether we are going to have a job tomorrow? Whether we would have enough to pay for this month’s mortgage plus the proverbial bills. These so call money experts who gambled with our money and brought the world almost to the brink of disaster and in some quarter right into the black hole, these are the same people are calling for a pound of flesh to be sliced from the tax payers’ chest without anaesthesia. These the ones who felt aggrieved enough to sue the bankrupt Lehman Brothers and by proxy people like us whose tax money pays for their bail out.

I am angry and I hope you are too. What are we going to do about it? Well we should write to our members of parliament and tell them about how we feel. Get these so called members to work for their living for a change. Some of them do but for those who are still minging about the fact that the newspapers are invading their privacy then get that proverbial cattle prod well not literally but figuratively on their behind. Get thee to work as they say. Raise hell but of course use the proper channels. Ask questions and again and again until the government does something about these leeches. I don’t have a problem if these so called bankers gets bonus if their company performs well. However if your company gone kaput last year but because of government’s bail out made out phantom profit, shouldn’t it be us the tax payers be profiting from it. Increased public spending, tax cuts or something. This is definitely not on. You can’t squeeze blood from stone and expect the taxpayer to pay for your mistakes.