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Big bosses who profited when their businesses were going under

Fat cat executives who cashed in as their companies fell
2000: Enron
2001: One.Tel
2001: Polaroid
2001: JDS Uniphase
2002: Tyco
2005: MG Rover
2006: Farepak
2008: Lehman Brothers
2008: Citigroup
2008: Merrill Lynch
2008: Northern Rock
2008: RBS
2009: American Express
2009: American International Group (AIG)
2009: Nortel Networks Corp.
2009: Blockbuster
2009: Lear Corporation
2009: Circuit City
2012: Kodak
2012: Hostess Brands
2015: BHS
2017: Cumulus Media
2017: Toys R Us
2018: Sears
2018: Carillion
2018: Rite Aid
2019: PG&E
2019: Cloud Peak Energy
2019: Thomas Cook
2020: WeWork
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Justin Sullivan/Getty

Fat cat executives who cashed in as their companies fell

Rewarding CEOs and other senior staff members for failure is all too common in the corporate world. As WeWork founder Adam Neumann and the bosses of collapsed UK travel firm Thomas Cook come under fire for their excessive payouts, we take a look at the executives who made a killing while their companies were hitting the skids.

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Daniel Coughlin

05 November 2019

Features

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