Lehman Bros. elite stood to get $700 million

Bankruptcy case reveals pre-crash pay for 50 Lehman Bros. employees that shocks even Wall Street veterans.

Less than a year before the 2008 collapse of Lehman Bros. plunged the global economy into a terrifying free fall, the Wall Street firm awarded nearly $700 million to 50 of its highest-paid employees, according to internal documents reviewed by The Times .

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