12 BIG GUYS WHO MADE A BILLION


These are the 12 big guys who made over a billion worth of bonuses and salaries altogether in a few years. And many, many billions in losses. Vain, fake financial geniuses. A guy who makes 10, or 50, or 100, or 200 million dollars loses his sense of reality. That's why they made all this mess. From upper left to right: 1. Stan O’Neal, Merrill Lynch.Total remuneration: US$ 282,8m (since 1999 or during length of service) Bank market capitalisation (August 2007): US$ 44.21bn. Now: Merrill Lynch bought by Bank of America Credit crunch hits (since August 2007): US$ 86.5bn. 2. Jimmy Cayne, Bear Stearns. Total remuneration: US$ 235m (since 1999 or during length of service) Bank market capitalisation (August 2007): US$ 9.73bn. Now: Bear Stearns delisted, June 2008. Credit crunch hits (since August 2007): US$ 3.3bn. 3. Lloyd Blankfein, Goldman Sachs. Total remuneration: US$ 233.55m (since 1999 or during length of service).Bank market capitalisation (August 2007): US$ 54.1bn. Bank market capitalisation (now): US$ 35.2bn. Credit crunch hits (since August 2007): £19.4bn. 4. Dick Fuld, Lehman Bros. Total remuneration: US$ 258.5m (since 1999 or during length of service)Bank market capitalisation (August 2007): US$ 22.76bn.Now: Lehman Bros delisted, September 2008. Credit crunch hits (since August 2007): US$ 30.36bn. 5. Sandy Weill, Citigroup.Total remuneration: US$ 174.22m (since 1999 or during length of service)Bank market capitalisation (August 2007): US$ 164.34bn.Bank market capitalisation (now): US$ 9.08bn. Credit crunch hits (since August 2007): US$ 201.28bn. 6. Hank Paulson, Goldman Sachs.Total remuneration: US$ 171.64m (since 1999 or during length of service) Bank market capitalisation (August 2007): US$ 54.11bn. Bank market capitalisation (now):US$ 35.21bn. Credit crunch hits (since August 2007): US$ 27.77bn. 7. Chuck Prince, Citigroup. Total remuneration: US$ 110.9m (since 1999 or during length of service) Bank market capitalisation (August 2007): US$ 164.34bn. Bank market capitalisation (now): US$ 18.61bn. Credit crunch hits (since August 2007): US$ 201.28bn. 8. Bob Diamond, Barclays. Total remuneration: US$ 55.7m (since 1999 or during length of service). Bank market capitalisation (August 2007): US$ 63.56bn. Bank market capitalisation (now): US$10bn. Credit crunch hits (since August 2007): US$ 37.36bn. 9. Stephen Green, HSBC. Total remuneration: US$ 17.9m (since 1999 or during length of service). Bank market capitalisation (August 2007): US$ 151.46bn. Bank market capitalisation (now): US$ 94bn. Credit crunch hits (since August 2007): US$ 38.22bn. 10. John Varley, Barclays. Total remuneration: US$ 17m (since 1999 or during length of service). Bank market capitalisation (August 2007): US$ 63.56bn. Bank market capitalisation (now): US$ 10.6bn. Credit crunch hits (since August 2007): US$ 37.36bn. 11. Eric Daniels, Lloyds.Total remuneration: US$ 14.6m (since 1999 or during length of service). Bank market capitalisation (August 2007): US$ 95bn. Bank market capitalisation (now): US$ 15.31bn. Credit crunch hits (since August 2007): US$ 15.74bn. 12. Andy Hornby, HBOS. Total remuneration: US$ 10.88m (since 1999 or during length of service). Bank market capitalisation (August 2007): US$ 95.05bn. Bank market capitalisation (now): US$ 15.31bn. Credit crunch hits (since August 2007): US$ 30.20bn.

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