Reuters:
The man vilified for the collapse of Lehman Brothers (LEHMQ.PK) almost a year ago, a failure that triggered the global economic crisis, seemed burdened but not crushed by the pressure of the upcoming anniversary.
Sheldon Filger: Lehman Brothers, a Year After Its Collapse
The calculation made by Bernanke and Paulson that Lehman Brothers was expendable, especially in light of the measures taken to save AIG, Merrill Lynch and Bear Stearns, not to mention Fannie Mae and Freddie Mac, was destined to be proved fatally flawed.
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It seems our efforts to achieve actual results with regards to reform in the banking & finance sectors are futile. In addition, the disconnect between reality and wall street keeps widening. The situation is frustrating.
hat tip: to http://www.iamned.com
What he should have been was strangled, along with the rest of his banker buddies.
I guess I am still patiently waiting for his prosecution. He deserves a cell next to Bernie.
Everybody, calm! He'll be O.K. Though there is some speculation the new 18 person "Big-Seater" Jacuzzi may not be in-ground by first snowfall ! Our very best are currently working on it. Now go back about your business... Lyle, Harvard MBA, 2008.
Obama isn't doing enough with regards to executive pay and bank & wallstreet regulation
good articles: http://www.iamned.com ...
He didn't cause all this, but he benefited nicely while others (employees and investors) were pummeled.
He should be very ashamed at his lack of understanding of his own organization.
Whaaaaa! Call the whaaaaa-mbulance. He's lucky that ALL he's experienced after all the horror he was responsible for.
So the man can no longer steal outright from investors but must now rely on the aftereffects of the other thieves in the market. What a shock it must be for him.
Dumped on? Now THERE'S an idea! Take a dump on bonus ripoff CEOs.
This arrogant SOB deserves worse!
He is still rich and free, hopefully not for much longer.
Ohhhhh - you poor poor baby!
What a perfect name for this guy! I still remember days before the collapse of Lehman he was on CNBC debunking their dire situation. So he should have been pummeled, spit on as he told bold faced lies to EVERYONE! His ego would not let him tell the truth.
Waaaaaahhhhhhhh
Fuld: "I've Been Pummeled, I've Been Dumped On".
But you're still breathing, Fuld.
Still breathing.
Fuld = Narcissist. No pity or tears from this quarter.
My sentiments, exactly!
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First Posted: 09- 7-09 06:05 PM | Updated: 09- 7-09 06:20 PM