The document shows that Italian banker Riccardo Banchetti, the former joint chief executive of Lehman in Europe and the Middle East, is claiming $26,040,000 (£16.4m), despite having held the job for only a few weeks before Lehman went into bankruptcy last year. Mr Banchetti, who did not move to Nomura following Lehman\’s collapse, is claiming for bonus awards and stock options going back five years.
But one has to admire the cheek.
One possible answer. Agree the claim and pay it in options granted at the pre-crash price.
I know, there\’s something I\’ve missed out there but still…..