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Deutsche Bank Execs Fired For Expensing Strip Club Trip Lost Millions In Deferred Compensation
The senior Deutsche Bank executives who were unceremoniously fired earlier this year after management learned that they had tried to expense a roughly $1,000 receipt from a trip to a NYC strip club will lose out on a combined $6 million in deferred compensation, according to the New York Post. According to the Post, the bankers partied at Sapphire New York, a strip club on the Upper East Side that also operates a steakhouse (which offers a $25 "body sushi" menu item where patrons can eat raw fish off a stripper's torso). While the three senior bankers who were ultimately canned over the episode insisted that the ... (full story)
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