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At least he won't get a bonus. That's what a lot of former Lehman Brothers employees, no doubt, thought when the news broke that Richard Fuld, the controversial CEO of the bankrupt investment bank,... Read more...
Nothing gets prosecutors worked up quite like financial scandals. So far, we've seen sporadic action only--notably charges against two Bear Stearns hedge fund executives for misleading investors. A... Read more...
Were all the reports that Lehman Brothers CEO Richard Fuld was knocked out by an angry employee merely cases of wishful thinking? After the story was reported on CNBC, it really took on a life of its... Read more...
Hedge funds were once the poster boys for bad financial behavior, but as the TARP drama unfolds we have heard less about them. Still, the issues regarding funds have not gone away. Jim Cramer has... Read more...
Richard Fuld, the infamous former CEO of now-bankrupt Lehman Brothers, could be headed to prison, according to Economist.com. If the aftermath of corporate failures like Enron and WorldCom are any... Read more...
Richard Fuld, CEO of Lehman Brothers, has taken some shots as of late. In one instance, it was literal; he was working out in the corporate gym, on the treadmill with a heart monitor on, when someone... Read more...
Lehman Brothers had a plan to save itself, not unlike Goldman Sachs and Morgan Stanley, but they just couldn't convince regulators. According to the Financial Times, Lehman also wanted to convert to... Read more...
Erin Callan runs Credit Suisse's hedge fund business, but she will be remembered for a long time as the sacrificial lamb at Lehman Brothers. She spoke, at times emotionally, about those stormy days... Read more...
The John Thain era at Merrill Lynch was short, but long on drama. It ended on a good note. From the moment he stepped in, he was faced with one crisis after another. They all built to the point that... Read more...
Could Lehman Brothers CEO Richard Fuld have saved the firm? There will be plenty of post mortems, and more than a few might conclude that yes, there were deals that could have been struck. Neuberger... Read more...