Nothing Succeeds Like Failure

The Financial Times (of London) has published a table showing how much money the "barons of bankruptcy" made while their companies were sinking. It's quite an eye opener. The CEO of Global Crossing "earned" $512 million (mostly on stock options) while the company lost $25.5 billion in assets and eliminated over 5,000 jobs. I guess the captain doesn't go down with the ship anymore.