He’s the guy who went to Lehman Bros. to warn them of the collapse to come. They listened to all his data and basically told him, “We hope you are wrong.” He was right, of course, and because he shorted their stock, he made billions.
Really? I never heard that story. Wow. I guess Dick Fuld had no clue.
Fuld seemed to be more competent than Jimmy Cayne at Bear Stearns who was off playing bridge or golf or smoking pot. I had thought Fuld had been an officer in the Army once.