Posted on 10/07/2008 7:42:43 AM PDT by meandog
Richard Fuld, the disgraced head of Lehman Brothers, was punched in the face in the office gym amid the bank's collapse.
Mr Fuld, who has been testifying on the financial crisis before the US House Oversight Committee, was attacked on a Sunday shortly after it was announced that the banking giant was bankrupt.
Following rumours that the incident had occurred, Vicki Ward, a US journalist, said "two very senior sources - one incredibly senior source" had confirmed it to her. "He went to the gym after ... Lehman was announced as going under," she told CNBC. "He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold.
"And frankly after having watched [Mr Fuld's testimony to the committee], I'd have done the same too."
"I thought he was shameless ... I thought it was appalling. He blamed everyone ... He blamed everybody but himself
(Excerpt) Read more at telegraph.co.uk ...
The Senate comes to mind..Poppas assess!!!!
He should be givin a medal
sniffle....sniffle...pay backs a bitch when you play fast and loose with peoples money, careers, pensions.
I hope the perp is tried for battery. I hope the CEO is tried for treason.
Bears repeating...LOL
I happen to agree with you. You don’t get to punch people just because they do something you don’t like. Kind of creepy that people thing it’s funny.
It is important to teach children to be willing to and want to be held to account. It is important to elect leaders who have demonstrated that desire to be held to account, and promote employees who demonstrate they are willing to be held to account, and to refuse to deal without significant protections with those who refuse to be held to account.It's a CHOICE to be accountable.
Only those who CHOOSE to be held accountable can be held accountable.
Creepy...no. Schadenfreude mixed with justice...yes.
Fuld's going to have to spend a bunch of bucks on private security, which will add a few jobs to the battered economy of New York.
What's happening in big-business boardrooms across this country bears little resemblance to capitalism. This guy and others like him have been exposed as grifters - producing nothing of value, gaming a system of their own creation, and looting the corpse on the way out the door. This guy bears zero resemblance to a man who builds a company from nothing with sweat and smarts, guides it to success, and then reaps the rewards. There's a difference between being a hard-nosed capitalist and being a agent of destruction.
Frankly, I think the world would be a better place if the Masters of the Universe, obviously immune from financial and legal consequence, had reason to be afraid of being cold-cocked at the gym as a result of their malfeasance.
He however, reaped millions of other people's dollars in the process...
This man’s conduct was despicable. He provided himself with a financial lifeboat, while allowing those under him to sink. Anyone studying his actions can find but one word for them: dereliction of duty. The only similar event that comes to mind is an event that never happened. During the worst of the fighting in Vietnam, Lt Col Hal Moore (later Lt Gen) was ordered to attend a press conference. Moore refused, caring more for the safety of his men than his personal advancement. It is a shame that those on Wall Street lack the same integrity.
I am sorry to say that Fuld was not arrested. Oh, you meant the weight lifter...
Wow, you’re actually defending Fuld ....and here I thought Ramussen’s 7 point lead for B.O. in Florida was the most ridiculous item of the day ....
Right after horse whipping Bernanke and Paulson.
Ma'am, sometimes rough justice really is the best justice.
And then drawn and quartered. In a more civilized time they knew how to deal with maggots like Fuld.
Well, it is only Tuesday.
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