Leh employees severance or paycheck?

CFA General
#1

Are Leh employees going to get their next paycheck or even a severance?

#2

Nike Wrote: ------------------------------------------------------- > Are Leh employees going to get their next paycheck > or even a severance? they should get a kick in the ass!

#3

IronMan Wrote: ------------------------------------------------------- > they should get a kick in the ass! Idiot. Not everyone who worked at Lehman is responsible for the firms collapse. There are a lot of hard working individuals that lost their jobs, including some on this board.

#4

Well said, brianr.

#5

I heard on the news that they were told to go back to work on Monday and through the bankruptcy deal they can continue operations and get a paycheck. Is anyone working there today?

#6

Nike Wrote: ------------------------------------------------------- > I heard on the news that they were told to go back > to work on Monday and through the bankruptcy deal > they can continue operations and get a paycheck. > Is anyone working there today? yes

#7

So most of those people cleared there desks on Sunday and went back to work today?

#8

yes

#9

I’m at work today, but nothing going on until further notice. Word is Barclay’s might feed off the dead carcass and pick up the capital markets and IMD business.

#10

There’s no reason to stay at home… many parts will be sold the coming weeks - maybe even days. There is value in this company, it’s the shareholders who are screwed.