For Fuld, the beating continues; employee sucker punches him in gym
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Absolutely he deserved it (the Congressional one anyway... but I can certainly understand the physical one.) He deserves more. They all do. Executives of the major Wall Street firms have made billions in compensation, while leading their firms, and their investors, straight into banruptcy! And these guys are supposedly financial EXPERTS? I don't think so. Many of them are probably criminals who should be locked up for the rest of their lives for the massive fraud they have perpetrated.
PLEASE, who was that 'masked man'? The country needs a new hero!
(Who is the guy that punched Fuld?)
Please???
Yeah...Real hero...sucker punching a 60 year old from behind...If Congress needs to begin asking questions...Ask all of the culprits including the political appointees at Freddie Mac and Fannie Mae...and the charlatans who promised the moon with no money down scams...In reality, we need guys like Dick Fuld to get us out of this mess, you do not toss the best and brightest to the curb, you give them a new task...Get out there and fix it!
I spent over ten years at Lehman. Richard Fuld managed to stay on top of three downfalls and still crawl back as CEO. American Express had to bail him out in 1982-3. Then in the early 90's a new management crisis and Chris Petit restructures and goes public. Petit is put aside and Fuld comes back.Then he pays the largest bonuses to himself and his tribe literally days before he knew he had to scuttle the company???
In that universe it was always for the bonuses!!!
More evidence that the press never investigates anything they run... Just a bunch of prostitutes being pimped by the editor...




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