Sunday, December 06, 2009

Scott Rothstein: Self-Paid Man

Scott Rothstein paid himself $35.7 million in 2008. Rothstein was recently indicted for running a Ponzi scheme. Included in the charges are mail fraud, wire fraud, and several charges to money laundering. Rothstein's associates were also rewarded hamesomely for their illegal activities.


• Rothstein, CEO: $35.7 million in 2008, $10.5 million through Halloween.

• Stuart Rosenfeldt, president: $6 million in 2008, $850,000 through Halloween.

• Russell Adler, vice president: $890,000 in 2008, $850,000 through Halloween.

• Grant Smith, assistant managing shareholder: $335,000 in 2008, $330,000 in 2009.

• David Boden, general counsel: $640,000 in 2008, $380,000 through Halloween.

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