Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

11 of 11
BACKNEXT
Zero: Richard Fuld
Former CEO, Lehman Brothers

"With the benefit of hindsight, I can now say that I and many others were wrong." -- Testimony before House Committee on Oversight and Government Reform, Oct. 6, 2008

He wasn't the highest-paid chief executive in the U.S. (he ranked No. 11 on Forbes's CEO compensation list in 2007), but Fuld became the poster boy for Wall Street greed when he testified before Congress in October and defended the mammoth $484 million he received in salary, bonuses and stock options since 2000.

Fuld got little sympathy when he pointed out that Lehman's collapse rendered his stock options worthless, noting that his actual compensation was less than $300 million. He did concede, "That's still a lot of money."

Um, yeah. --D.R.

NEXT
Last updated December 12 2008: 6:01 AM ET
More Galleries
Best cars for the super-rich The Robb Report has selected these as the best new cars and SUVs for anyone who doesn't have to worry about how much they spend. More
Banned! 10 things you won't find in China China says it wants to open its economy more to the rest of the world, but Beijing keeps a tight grip on technology and access to media. These 10 items are still off limits. More
A morning at the AltSchool, an education startup that Silicon Valley is crazy about The AltSchool is a system of "micro schools" and an education software maker that has raised about $133 million from investors like Andreessen Horowitz and Mark Zuckerberg and Priscilla Chan's philanthropic fund. More

Special Offer