Bear Stearns Executives Rewarded for Failure

Many of the Bear Stearns executives responsible for the subprime mortgage fiasco that set off a worldwide economic downturn didn’t have to share in the financial ruin they helped precipitate. In other words, these captains didn’t go down with the sinking ship. In fact, they jumped off Bear Stearns and started piloting other major American economic ships. An article in Mother Jones profiles six Bear Stearns executives who went on to highly successful (and highly compensated) jobs at other companies Read more […]