Dick Fuld’s face is as distinctive as it is expressive. As the former Lehman Brothers CEO has appeared before the cameras over the past two years, he’s put on a theatrical show, displaying emotions ranging from befuddlement to rage to disgust. In honor of the second anniversary of Lehman Brothers’ historic implosion, we’ve put together Read More
Fun With Fuld
In response to ex-Lehman Brothers CEO Dick Fuld’s fulminating testimony before the Financial Crisis Inquiry Commission, Federal Reserve lawyer Scott Alvarez scoffs that the Fed couldn’t have done much to stay the investment bank’s execution at the hands of the credit markets.
Alvarez took Fuld’s assertions out to the woodshed, saying that Read More
A couple weeks before the two-year anniversary of his former firm’s collapse, a testy Dick Fuld is testifying today before the Financial Crisis Inquiry Commission. From his prepared remarks, here’s a list of excuses he’s running by government officials.
• First of all, “the incorrect perception and accompanying rumors that Lehman did not have Read More