The responsibility to save lehman, to keep it safe, belonged to fuld. If he took action thinking that the government would save him if he gambled poorly then that is squarely on his shoulders.
This pathetic excuse for a ceo, and for a human being, is THE source of lehmans failure.
How dare he blithely brush off his responsibility to his organization, employees and investors. What a repugnant person and inadequate ceo this clown has been exposed to be.
john
of MD
@
Oct 07, 2008 07:37:38 AM
TIME FOR A SHAKE-UP IN THE BOARD ROOMS
There are percepts that Wall Street would rather not encourage. Too many questions would be raised, leading to further examination of abusive beh
In't it time the system went in for some much needed repair?
Due diligence and oversight long ago slid out the window. No one was watching.
Time to do something about it.
Here's a huge one they all missed.... The dramatic change that swept through all of North America's boardrooms over the past 30 years. It is one of the underlying causes of the headache the economy is now feeling, but more importantly, it has resulted in the general feeling of "disconnect" by most Americans.
Want to talk about terrorism and treason? There isn't a more clear picture of what these words mean than the actions of what these greedy b@stards have done, and continue to do under the guise of pseudo-recompense and world-saving economic bailout.
They have the audacity to plunder the corporations they are hired to oversee, along with the life-savings of millions of common people who actually toil for a living, and then they whine and grovel - as if they had no idea what was going on - so that we can pay their way out of their nightmarish situation.
Absurd! There is no way I would ever condone such an action.
What they really deserve is to be drawn and quartered, or in the very least a life sentence in an extremely dangerous and dismal prison. With no hope for parole.
They knew exactly what they were doing - from the White House down to Wall Street - and should pay dearly for it. With blood, misery and gnashing of teeth.
America has been run by silk-laden criminals for too long, and we are tired of it!
Johnson Plait
of MO
@
Oct 07, 2008 00:24:59 AM
Richard Fuld
Jesus is watching your next move.
R.Pather
@
Oct 06, 2008 20:23:55 PM
How about giving 400,000,000 back to those you stole it from?
It is all well and good to say you feel terrible about what happened. Here's a better way to deal with your terrible guile....give that 400,000,000 to those people who have lost their homes!Have you no shame?
Wayland
of IL
@
Oct 06, 2008 19:16:38 PM
Richard Fuld said he was sorry
Richard Fuld was paid over $300 million dollars over the past 8 years. And he doled out billions in bonueses and buy backs at the end of 2007 knowing full well he was running the company into the ground. Now he says he is sorry. Well sorry doesn't get it you POS. We want to see you jumop off a high building or put a bullet in your head. They only way you can atone is to kill yourself.
savageone
of NY
@
Oct 06, 2008 18:53:10 PM
Fuld: An All-American Greedy Jerk
As someone who stood at the base of the South Tower 6 minutes before it came down, and as a normal rational businessperson, I'm stunned cold he would have such a mindless exchange, while taking home 400 million in compensation! Can you imagine? Can he sleep at night?
There's simply too much vitriol to say. Billions squandered for executives, while Rome was burning. All in the name of greed and arrogance, if anything. Any number of people could have done better as managers.
He should donate 1B to the American Red Cross as compensation.
Dr Christopher Larsen
of MD
@
Oct 06, 2008 18:26:52 PM
Lehman's collapse
should never have happened. It was Paulson's choice. Why bail-out some firms with government funding and not others? What criteria did Paulson use to determine who would get the funding and who would not? Why AIG , Freddie and Fannie and not Lehman?? It is important for all tax-payers to get the answers to those questions.
Elizabeth Schaper
of NY
@
Oct 06, 2008 18:26:36 PM
john of MD @ Oct 07, 2008 07:37:38 AM
PacificGatePost of WA @ Oct 07, 2008 02:28:07 AM
Johnson Plait of MO @ Oct 07, 2008 00:24:59 AM
R.Pather @ Oct 06, 2008 20:23:55 PM
Wayland of IL @ Oct 06, 2008 19:16:38 PM
savageone of NY @ Oct 06, 2008 18:53:10 PM
Dr Christopher Larsen of MD @ Oct 06, 2008 18:26:52 PM
Elizabeth Schaper of NY @ Oct 06, 2008 18:26:36 PM
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