Except, Richard S. Fuld, Lehman's CEO, received $22 million in 2007 as a bonus: "As recently as March, Fuld was awarded a $22 million bonus for 2007 -- a generous pay package to be sure, but one that also reflected a year in which the bank's net profit had risen 5 percent to a record $4.2 billion."
How did a company go from recording a record profit to busted broke in a few mere months??
He is hardly scathed as he still walks aways with that $22 million and I am sure millions more since he has worked for Lehman since 1969.
Keep in mind that much of that $22 million was in options and restricted LEH stock that wouldn't vest for years. And at LEH even more than most companies there was a culture discouraging employees from selling their stock. So his pay package was worth $22 million at the time, but he's lucky if it's worth a fraction of that now.