Why is this man smiling
Perhaps because, as the CEO of
., Larry Goldstone still draws a pretty good salary. The company paid him
in wages in July, according to bankruptcy documents filed Aug. 20 (
This screengrab shows compensation for that period for other Thornburg Mortgage principals, including Chief Financial Officer Clarence Simmons III and six directors, whose backgrounds SFR described in a
It's worth wondering how the
130 people Thornburg laid off
last April feel about that level of compensation. Indeed, that's why we have a comments section.