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PEOPLE IN THE NEWS

Preet Bharara, attorney for the Southern District of New York

Michael S. Dell, chairman & CEO of Dell Inc.

Wilbur L. Ross Jr., billionaire

Dana Perino, Broadcasting Board of Governors nominee
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FEATURED BUSINESS: LEHMAN BROTHERS HOLDINGS INC.
   

Fuld and Cayne didn't do so badly after all

Because they were major shareholders when their firms collapsed, James E. Cayne of Bear Stearns and Richard S. Fuld Jr. of Lehman Brothers have been seen as two of the biggest losers of the recession.

However, a just-published study written by three Harvard professors and entitled "The Wages of Failure" suggests that the executives' losses were more than cushioned by bonuses and stock sales during the years 2000 to 2008.

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