Tuesday, September 17, 2013

recent journey of median income : a quarter century going no where

"In 1989, the median American household made
 $51,681 in current dollars
 (the 2012 number ... was $51,017). "

" 24 years ago, a middle class American family was making more
       than the a middle class family was making one year ago."

Sunday, September 15, 2013

LIVING A FULD LIFE


Richard Fuld, former CEO of Lehman Brothers Holdings Inc.

  • Fuld earned about $69.5 million in 2007, the year before Lehman Brothers filed for bankruptcy in Sept. 2008. From 2000 to 2007, he was awarded about $889.5 million and cashed out about $529 million of that before the company went bankrupt.
  • He owns homes in Greenwich, Connecticut, Jupiter Island, Florida, and a ranch in Sun Valley, Idaho.
  • Fuld has since started a consulting firm called Matrix Advisors LLC.