Fuld Steps Down
It's official. Richard Fuld (or should I call him Dick), aka the guy who helped flush Lehman Brothers down the toilet, is resigning as CEO. He will be gone by the end of the year. I don't know how anyone could possibly be surprised by this, or how it took him so long to finally give in. But the good news is, he'll be walking away with no severance or bonus. Finally, he makes a good decision.