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Richard Fuld
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Lehman Brothers execs settle private suit for $90 million
It seems doubtful that prosecutors will bring criminal or civil charges against individual executives of Lehman Brothers. The top executives are no doubt breathing easier on that front. But there was plenty of private litigation, some of which may be on the verge of settlement.
The New York
What to make of JPMorgan's shake-up
JP Morgan CEO Jamie Dimon has shaken up his executive team, and the analysis has begun in earnest.
The biggest news is that Charles Scharf, the head of Chase Retail Financial Services (a major component of the revenue mix), was reassigned to an internal private equity group. No matter how hard
Fuld, Lehman execs not likely to be charged
We've suggested on several occasions that despite heavy bouts of media speculation, the chances that any former executive at Lehman Brothers would be hit with criminal or civil charges seemed to be waning. Others have come to similar conclusions.
The New York Times weighs in with so
Bank of America to pay bankers more in cash
For the top Wall Street executives, deferred pay, heavy on stock options or restricted stock, is still the way to go. Boards do not want to roil the regulators on pay issues right now. The message has been loud and clear. At Bank of America, this is true for the top dogs. CEO Brian Moynihan and hi
Will Lehman Brothers ever be charged?
It seems that this is a critical moment for the SEC, as it ponders whether to bring charges against Lehman Brothers and perhaps specific executives. Not too long ago, media outlets breathlessly reported charges were "imminent." But charges failed to materialize.
Yet, talk of charges has
A back-handed compliment for Richard Fuld
We noted recently that Richard Fuld ( Richard Fuld news), one-time CEO of the doomed Lehman Brothers, was given sympathetic treatment by the Financial Crisis Inquiry Commission--a rare instance for a man vilified as the poster child of the financial crunch.
Breakingviews weighs in
The final hours of Lehman: Debate continues
So what really went down when Lehman Brothers ( Lehman Brothers news) failed?
There's been a lot of debate about that recently as the FCIC weighed in with some interesting hearings, which portrayed Lehman Brothers CEO Dick Fuld in a sympathetic light .
The New York Times weighs i
FCIC treats Richard Fuld sympathetically
Richard Fuld ( Richard Fuld news) is seen by many as the poster child of Wall Street excesses, a symbol of everything that went wrong. The criticism has been intense, and he continues to rank as the big bank executive most likely to be personally charged for some kind of fraud.
It remains u
Wall Street's financial crisis: The movie--an update
We've noted that HBO is making a movie based on the financial crisis, which would seem to be a promising endeavor given its success with Recount, a terrific movie based on the epic battle in Florida in the Bush vs. Gore election.
The latest news is that HBO has inked William Hurt to pl
Dick Fuld still aims to start advisory boutique
It's been two years since Lehman Brothers ( Lehman Brothers news) imploded, and the people in the middle of it all remain fascinating character studies. Erin Callan has sought a new life. And now former CEO Dick Fuld--in many ways the poster boy for all that went wrong on Wall Street--is trying
