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Ex-Lehman trader loses bid for $83m 'windfall'

No Pot Of Gold

A federal judge on Wednesday said a former star Lehman Brothers trader was not entitled to an $83m bonus he claimed he was owed following the investment bank's 2008 collapse, on top of a similar sum that Barclays already paid him.

Morgan Stanley CEO stock play pays off

James Gorman Pic

When Morgan Stanley’s share price fell to $20 in 2011, the bank’s CEO, James Gorman, and several of his top lieutenants tried to encourage investors by buying up stock with their own money.

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No Pot Of Gold

Ex-Lehman trader loses bid for $83m 'windfall'

A federal judge on Wednesday said a former star Lehman Brothers trader was not entitled to an $83m bonus he claimed he was owed following the investment bank's 2008 collapse, on top of a similar sum that Barclays already paid him.