
Fuld, Tonucci Found Ratings Actions Extreme. Appeal! Appeal!
June 2008: Hillary Clinton called quits on her presidential campaign, Michael Phelps was en route to Beijing. Bear Stearns had collapsed in March, and Lehman’s pre-announcement of $2.8B in second quarter losses shook the ratings companies out of slumber. Lehman CEO Dick Fuld sent treasurer Paolo Tonucci And to Fahey Lehman’s [Photo by Chip Somodevilla/Getty Read More