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05/01/2010 05:12 am ET Updated May 25, 2011

Lehman Brothers Wives Were Wild Spenders, Says New Book 'The Devil's Casino'

Lehman Brothers C.E.O. Dick Fuld expected his top executives to get married, and stay married. For their wives, the firm was both fishbowl andshark tank, with unwritten rules about the clothes they wore, the charities they supported, and the hikes they took at the company’s Sun Valley retreats. One and a half years after the firm’s collapse, in an excerpt from her new book, the author sums up the high price—a life of isolation, backstabbing, and hypocrisy—paid by Lehman’s better halves.

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