Dick Fuld

Dick Fuld Treated Like A Telemarketer

Dick Fuld

In the WSJ's big feature on the demise of Lehman brothers, there is an interesting anecdote that Clusterstock points out.

http://clusterstock.alleyinsider.com/2008/12/dick-fuld-dissed-by-ken-lew...

Fuld resorted to calling the Bank of America CEO, Ken Lewis' home phone number multiple times over the final weekend trying to make a deal. Lewis' wife is reported to have answered and said "If Mr. Lewis wanted to call back, he would call back" causing Fuld to apologize.

Ouch! Fuld cannot catch a break. The Lewises really should have pulled one of these: http://www.youtube.com/watch?v=Oh4EPcOpSy8

It’s not getting any better for Fuld

letsgotoprison.jpg

Looks like his bull$#@% tactics are finally catching up with him. Several top executives of the failed Lehman Brothers Holdings have officially been subpoenaedto testify before three grand juries. Obviously they’re investigating the recent collapse of the investment bank, and word is out that Dick Fuld is most likely on the list. Accusations are that he, among others, made false statements that the firm was in better shape than we now know it was. If this goes all the way and Fuld ends up going to prison, it won’t be his nose he’ll have to protect…..