![If he had been CEO, Lehman would've lost a smaller amount of money in a subprime dog food crisis](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh21H2hbj0E6wJW30zVhswfgf1ckkVAfx8CxsJouHoKaMxnsL6XT9Ubt-7jdG02Fc0ifzlj8gpdHD-bdy5Rl7LnQISQnkcS6zpEFqBUuGpYlgnc1JdskV7R1atiuzNAifE1PZdBN303YQU/s400/cdw9.jpg)
In 2007, Lehman Brothers Chairman and CEO Richard Fuld earned a bonus of $22 million. Because of bad investments in mortgage-backed securities, Lehman Brothers' stock price has fallen from over $80 in early 2007 to 18 cents per share as it filed for bankruptcy yesterday. Previously, Mr. Fuld had earned $354 million over a 5-year period. There are 100,781 residents of Green Bay, so giving them a bonus equal to what Fuld earned in 2007 would take $2.22 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.