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
17 cool gadgets that tease the future Smart telescopes, surveillance for dogs, an electric roadster and more from CES 2018. More
These 12 airplane beds let you really sleep on a flight For the price of a premium class ticket, you may just get a space that's comfortable, private, and quiet enough to ensure a good rest. More
CES 2018 kicks off with oddball gadgets The biggest tech show of the year opened with a collection of quirky gadgets. More

Special Offer