I received a ton of PMs from my recent article (http://www.wallstreetoasis.com/forums/from-non-target-to-bb-ceo-my-story) and I'll never get to all of them. Someone had suggested I do a column like Dear Abby, to pay it forward to the young people trying to make their mark on Wall Street. I agreed to do it, because I care. For me, losing Lehman Brothers was like losing a child and I'm adopting all of you so I can pass on that Lehman knowledge to the next generation.
I am aware that my last article inspired some of you and angered others. But, unlike my last article, this will not be me focused on defending my reputation and recounting the glory days of a hard scrabble kid who made it big, but it will simply be written to help you. Once again, this unselfish act is to show all of you how much I care about regular people. I have also been married for decades, so I can answer relationship questions as well if you'd like. But please don't ask me how to raise your kids, because I don't have too much hands-on experience with that.
But before I write my first column, go ahead and ask your questions here and in a column next week, I will answer several questions that garner the most SBs and/or that my secretary screens for me to decide which are compelling questions. I just gave my secretary my WSO password so she can choose from those questions that you PM me as well. Please note in your message if you want your name mentioned if you message me privately.
Fire away and bleed Lehman green!
Do you sell Bleed Lehman Green shirts? If not, you should.
I'd buy that...
http://teespring.com/Dickfuldwso
We used to give these out at ten year anniversaries at the firm. In other words, only complete badasses own them. If you're not one, please do not buy it under any circumstance. I can't have the Lehman name tarnished.
To everyone: like I mentioned earlier, I'm here to help. If you want some help, that's where I come in. No need to ask me about me....this is all for you.
@"Going Concern" @sea096 @LHDan All the above have the right ideas about is this works. Keep them coming.
PS -- LHDan, I probably won't answer this later, but just so that you know, Goldman Sachs would be my absolute bottom bank. I have a hard time deciding between Barclays and JP Morgan for the next worst. On the one hand, JP Morgan didn't honor their credit lines in '98, on the other hand, Barclays turned a great culture into a steaming heap of hyena dung.
The fact that you made that shirt is fucking phenomenal
The next WSO phenomenon. A worthy successor to blastoise.
More like Heister.
Prove your Dick Fuld, post a picture of yourself in front of a monitor showing WSO. Until then I will assume your a desperate attention seeking loser.
My god...
Seriously, all I wanted was a wiener pic
Wait, why would you assume OP isn't Dick Fuld?
Fuld, what are some good ways to be a finance bro? I know tie permanently over the shoulder is a decent start, especially if the hermes tag is showing.
The key is to feign humility. At Lehman, we had the 'Lehman shake'. People who feigned humility still had to own Hermes ties. Why, you may ask? Because at any random time you should expect someone to grab your tie and turn it around to see the label to ensure it was Hermes or at least Brioni. That was instead of just a random 'handshake' to say hello.
More important than an amateur tie move, is to make sure you know what the Jets and Mets are up to. Geno Smith, know that shit. Rex Ryan foot fetish, know that shit. Darryl Strawberry's coke dealer, know that shit.
What really happened to Erin Callan and Joe Gregory?
Erin was a noob. She was an awesome salesperson, she was attractive. But, she wasn't a CFO. She had no accounting background and we ended up putting her in a difficult spot. Joe wanted her in that position and it would have worked out perfectly if we put her there 3 years earlier or in 2010, if we would have made it. Chris was a much better person for a crisis period, given his background in accounting and his absolute command of the financials. I shouldn't have given in to Joe on this one. Erin should not have been put in that position and I regret that.
As a current student, what would increase my chances of getting into a top investment bank in addition to networking? What would really make me stand out coming from a non-target school?
Could you please rank the banks
Why do you call yourself "Dick" instead of "Richard", dick?
Someone said you were lying when you said that you getting punched in the locker room was a lie designed to sell papers. What REALLY happened at the gym? Need the full story.
It's like me asking, 'please explain why Hulk Hogan kicked you in the balls on September 25th, 2013?'. You keep trying to explain why it never happened, but people want to believe it, so it sticks. It's just an urban legend.
Why don't you just call yourself "penis" instead of "Dick" as a nickname to "Richard", dick?
THIS got sent to the front page too?
That does it, I'm creating a Paul Krugman troll account.
I thought that was your account you're currently using?
Ordered. Thanks Dick.
C'mon guys! 99 to go!
The fact that people believe this troll is Dick Fuld and the fact Patrick or the other staff at WSO let's it go on is mind boggling and disappointing.
Loses credibility of the site, IMO.
I'd much rather talk to an ex BB CEO than hear "Is my school a target?" or "URGENT!!! Rip my resume apart!"
So clueless.
DickFuld is second only to Swagon on the list of my all-time favorite WSO users.
How about this? I'll give you 100 Bleed Lehman Green t-shirts for the price of 99.
You must watch Too Big To Fail and give your assessment of Jimmy Woods' portrayal of you and report back your thoughts. Bonus points if you tell us all who you would choose to portray you in a film.
Only then will you be #1 in my eyes.
I wonder how much longer will this go on before the Real Richard Fuld has his attorney send a cease and desist letter to WSO.
Are you slandering me? Where should I have my lawyers send you a cease and desist letter?
ALRIGHT EVERYONE, FUCK IT, I'M BREAKING ALL THE RULES. I'm answering all questions now.
Sorry, @WSOstaff
Hahahaha best thread I've seen in a long time!
What is your opinion, if you have one, on strategic consulting?
Fixed it for you.
Dick, given that Goldman is the worst bank; which do you think is the best?
Fuck, marry, kill: Lloyd Blankfein, Timothy Geithner, Ben Bernanke.
Hank Paulson, Alan Greenspan, Hank Paulson
For the strategic consulting, they are marketing themselves as people who do diagnosis of what had gone wrong with the company compared to the concurence or what had gone wrong with the company's market, not as some innovatif wizards.
I'm asking as a college student aiming for a job with great positif impact and soft skills learning. Do you thnink I'm heading in the wrong direction?
They're usually paid a lot of money to point out the obvious, so it's probably a good career move.
And about you. Why are you looking backward and not trying to do some great stuff again? You seem to be passionate about finance innovations.
To quote the late and great Whitney Houston:
"I believe the children are our future Teach them well and let them lead the way Show them all the beauty they possess inside"
Is your given name Richard? Why don't you go by Richard?
Thanks!
@"DickFuld", what would you do for revenge if you were 40 years younger?
I read what you were saying about James Bond stuff and posting on WSO from the other post. What else?
have you ever realized how much you look like the main character from the movie "Antz"?
http://graphics8.nytimes.com/images/2008/06/17/timestopics/fuld-190.jpg
versus
http://3.bp.blogspot.com/_kZu6NCEw2L8/S3RYz_U1ZrI/AAAAAAAAAEE/X6it5tiAt…
How did you find this place?
@twinshk2
This place found me.
Who started the run on Lehman by not extending your repo lines? Can you pinpoint the snowflake that started the avalanche? Would Lehman have gone bankrupt if you weren't forced to exit all of your derivatives positions at the 'bid'? What's your favorite hair band?
D.
This thread is pure gold.
Given your raw smarts, your ambition, etc. if you were to begin a career on Wall Street now, where would you go? Still S&T at a bank? Or IBD for 2 years and then PE ? HFs? If so, which kind?
Thanks
I think it's best to stay out of the limelight and go to the places that are the closest to pure meritocracies and hedge funds are the closest you can get today. Get there however you can. I don't know if there's some magic formula that will get you to a hedge fund, it's going to depend on what you bring to the table.
When you were slaying in the early 80's, how did you deal with the hairy situation down south? Is that a thing we should hope for a renaissance of, or is it better off dead? Also, did you ever get with any legit hotties like Kathleen Turner, Debra Winger, Delta Burke, Jamie Lee Curtis, etc. back in the day?
I would also fire anyone who ever cheats with my wife, lol.
With respect to a future on wall street, with all due respect sir, you've destroyed more capital than just about all the whippersnappers on this site put together ever will. With respect to your wife, as we say in the industry, pics or GTFO!!!
Where do think the finance industry will be in a decade?
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