And he shares his cell with a drug dealer.
Which is why it's so weird to listen to his song, which is very, very happy.
Raj Rajaratnam, the billionaire founder of New York–based hedge fund Galleon Group, has been arrested. Things look pretty bad.
Stan O'Neal chooses coach, a little too late.
Somebody who could afford a nice hotel room, for instance.
This makes us feel less bad about CEO Ken Lewis getting no pay this year.
Ken Lewis, the outgoing CEO of Bank of America, will get no salary or bonus for 2009, and he'll have to pay them $1 million.
Part of 70 Pine Street, the old AIG headquarters in the financial district, will be converted into residential condominiums.
No one was really fooled.
Allen Stanford spits up blood in a Texas courtroom.
Not that the two are related.
"A lot of people make fun of these milestones, but I think that it has an effect on psychology," says an analyst.
But hold the bubbly: Credit cards are still a problem.
Feinberg demands AIG reduce $198 million in bonuses.