Lehman Bankruptcy Advisers Paid $641.9 Million in 16 Months

Didn't see this on here.

641.9 Million? And you think GS is evil?

It is also interesting that Lehman Bros. made $400,000,000 last month if I am reading this article correctly. I guess that would only mean like less than 3% or something, but still interesting.

Feb. 20 (Bloomberg) -- Lehman Brothers Holdings Inc., the investment bank liquidating in bankruptcy, paid its lawyers and other advisers $641.9 million in 16 months since September 2008, according to a regulatory filing. The restructuring firm Alvarez & Marsal LLC, which provided Lehman with its current chief executive officer, Bryan Marsal, led the payments with $233 million in fees for “interim management” through January, according to the filing yesterday with the U.S. Securities and Exchange Commission. Weil Gotshal & Manges LLP of New York collected $149.5 million for acting as the investment bank’s lead bankruptcy law firm. Milbank Tweed Hadley & McCloy LLP got $42.4 million for advising Lehman’s creditors’ committee. Lehman and its affiliates reported cash holdings of $17.6 billion on Jan. 31, an increase from $17.2 billion a month earlier.

Here