Senior VP's would screw $20,000 a year clerks out of $2000 bonuses to keep THEIR multi-million dollar bonuses.......  the bonus pool was capped and allocation was at the discretion of Higher-ups who ALWAYS put their interests first.....

The whole focus of upper execs was to hold onto their jobs at any cost because they knew that nobody else was likely to give them what they were getting for what they were doing....

Of course once you got high enough it didn't matter....NOTHING matterred.

The EVP in charge of operations was a total screw-up - NEVER got the new computer system he was charged with developing up and running.... he tried to 'smoke and mirrors' it but got caught....lol...... nonetheless he managed to talk his way into a CEO spot elsewhere for an insurance company based on his heavy 'operational management' experience.....lol

But then the Chairman and part owner pulled the greatest con job of all.  First he sold the Japanese a huge stake for millions and then the whole company to the Swiss..... That pig was dressed up REAL pretty......  but foreigners were desperate to buy entry into the US financials industry. Boy were they played for fools...  Like the Japanese that overpaid for US Real Estate and sold it all back a decade later at a loss.

I was at the wedding of the Chairman of Verizon's daughter shortly after 9/11.  He'd just gotten a $26 million bonus - AND laid off 5,000 people.  Do the math.  His bonus would have covered the cost of those employees - and I don't care how good you are - NO ONE PERSON is going to make up for the loss of that many workers.   (and reality is they had to hire them back later because work was simply NOT getting done).  But the wedding was spectacular.  At the Pierre.  Flowers alone were $200,000 (at least).  The couple got an apartment on West End Ave as a wedding present.............ironic, huh?  especially considering that Seidenberg started as a lineman for MaBell.... guess he forgot his roots - or remembered them and was out to grab all he could, while he could.