View Single Post
  #1   Report Post  
posted to rec.boats.cruising
Janet O'Leary Janet O'Leary is offline
external usenet poster
 
First recorded activity by BoatBanter: Nov 2008
Posts: 36
Default For Larry... This will send him over the top..

Larry,, want to guess? Dick Fuld is a ??? That's right Larry.. Jewish..

Even I must say,, this guy should be marched out and hanged..

==============================================

Dick Fuld, who piloted Lehman Brothers into Chapter 11 last September,
appears to be making moves so he doesn't lose his tony Florida seaside
mansion in any civil lawsuits that may be filed against him.

Weeks after the Sept. 15 bankruptcy filing, the disgraced Fuld transferred
title to the $13.3 million Jupiter, Fla., mansion to his wife. The couple
had owned the house jointly since buying it in March 2004.

Fuld sold the house, which sits on 3.3 acres, to his wife for $100,
according to Florida real estate documents obtained by Cityfile.com, which
first reported the Nov. 10 transfer.

Former employees of the now defunct Lehman, who lost much of their
retirement funds and, for many, their jobs, will be glad to hear Fuld has
taken care to see that he is taken care of.

If only the 62-year old executive had watched over Lehman as closely while
Wall Street melted in the grips of a credit crunch in 2008, perhaps as many
careers wouldn't have been ruined.

It has been reported that Fuld rejected potential deals to sell Lehman
because he thought the price was too low or because Lehman wasn't being
given enough inde pendence with the deal.

Without a deep-pocketed part ner, Lehman failed and Fuld be came a pariah on
Wall Street.