
"Last week,
Lehman Brothers‘ embattled chief executive Richard S. Fuld Jr. made a peace offering to the investment bank’s managing directors. He and the firm’s new president, Bart McDade, said they would forgo bonuses this year.
Not that they’ll go hungry. Mr. Fuld was paid more than $40 million in 2007 alone (and was awarded huge amounts of restricted stock)."
From: http://dealbook.blogs.nytimes.com/2008/06/23/lehmans-chief-folds-on-his-2008-bonus/
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