Saturday, January 10, 2009

Dick Fuld Exposed

On September 15, Lehman Brothers Holdings filed in New York for chapter 11 bankruptcy protection. An institution with total assets of $639 billion – more than the gross domestic product of Argentina and roughly 10 times the size of Enron when it filed for bankruptcy protection in December 2001 – had gone up in smoke.The man in charge: Dick Fuld.

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