Bear Stearns CFO and COO
Estimated losses: $20.6 million*
Molinaro was named chief operating officer in August 2007, not long after two of the bank's highly-leveraged hedge funds imploded due to big bets on subprime mortgages. He has delivered bad news to investors ever since.
*Estimates based on Molinaro's holdings at the beginning of 2008, when the stock was trading at $88.35. More galleries