Confirmed: Lehman Bros CEO Punched In Face »

Posted By berkeley 9 months ago in Business & Finance

CNBC confirms that someone did indeed march up to Lehman Brothers CEO Dick Fuld and "knock him out cold" right after the bankruptcy was announced. Said Vanity Fair's Vicki Ward: "I'd have done the same too." In the CNBC video below, Ward discusses Fuld's apparent lack of contrition over his shambolic mismanagement of the company, and notes that the rumor of Fuld getting decked has been confirmed by two extremely reliable sources.


Note: If you have reached this story via AOL, welcome to Propeller! Every story here, including this one, has been posted by the Propeller community--and the same thing goes for the comments below. If this kind of social news experience appeals to you, you can learn more about joining Propeller here.


Read Full Story at radaronline.com »

119414 Views Share Story 82 Comments Report

Submitted By:
berkeley

I agree to this Constitution with all its faults because I think a general government necessary for us, and believe further that this is likely ...

Who Also Submitted:
Other Related Articles:

RSS Join the Discussion

+ Add Comment
Showing 62 of 100 Comments (view all)
  • 75%
    tehranchik9 months ago

    I watched Fuld yesterday on C-SPAN. It took me back to the Enron depositions. Lie, lies, and more lies.

    He did recommmend that they not give him his final bonus package. What a nice guy.

    (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
    Reply

    1 Reply

    loading loading ...
  • 80%
    njflex9 months ago

    All of the displaced CEO's that ran their companies into the ground while raping them of assets should be imprisoned. Their fortunes should be seized and redistributed to the shareholders.

    (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
    Reply

    12 Replies

    loading loading ...
  • 0%
    njflex9 months ago

    (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
    Reply
    loading loading ...
    • 83%
      Jayson9 months ago

      The guy was asking for it.

      (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
      Reply
      loading loading ...
      • 80%
        TweekerchickQC9 months ago

        Oh my god, this made me laugh so hard I cried.

        I work in financial engineering as a recruiter, so this entire mess has got me sort of bent over a barrel! I mean violence is never the answer, but somehow, I feel a little bit better.

        (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
        Reply

        1 Reply

        loading loading ...
      • 100%
        coolslow9 months ago

        Fuld is a private sector guy and Lehman was a private sector firm. The company took risks, and went out of business causing a lot of investors to lose money. Horrible abuse, and corruption. Freddie and Fannie are semi-public institutions run into the ground by former government people like Raines, Johnson, Gorelick and Reno, and failed by current Congressmen like Frank and Dodd. Again, horrible abuse and corruption but on the part of people in which we expected a least a degree of public trust. These people should be hauled in to testify in front of investigative committees, then punched in the mouth. They are no less to blame than Fuld, and probably more so.

        (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
        Reply

        1 Reply

        loading loading ...
      • 100%
        cybotot9 months ago

        I recommend that FULD, FRANKLIN RAINES and ALL of the other CEOS of these failed corps. be fined ALL of the millions they have skimmed off the top before jumping their sinking ships. I further recommend that THESE CEOS along with our "oversight watchdog" BARNEY FRANK AND HIS FANNIE MAE LOVER, HERB MOSES be put in public stocks on the National Mall for a COUPLE OF MONTHS or so, SO the public can come by and throw rotten tomatoes, cabbages, etc. at their heads, then baptize these devils with spit. Then I recommend that ALL of our representatives in the SENATE and the CONGRESS and the PRESIDENT (NO MATTER WHO IS ELECTED, since both Obama and McCain were in Congress when this debacle occurred) take a pay cut AND benefits cut, 50% SEEMS FAIR TO ME!!! I also recommend that from this moment ANY USA public servant who takes any money,trips,jewelry,etc. from any PAC or special interest be immediately fired, be barred from ever seeking office again and be sentenced to 10 years of shoveling crap at their local zoo and another 10 more of working in their closest city sewer if they don't perform first crappy job well (OR ANY OTHER CRAPPY JOB at the discretion of the judge) so they will understand what a bunch of crap is when they see it. At least they will still have JOBS but they will know American taxpayers REALLY AND TRULY expect them to DO THEIR JOBS WELL! And IF the economy improves, we will THINK about giving these partisan buffoons a raise. Brand new members of the Senate or Congress could be exempted from pay cut, unless they start UNDER-PERFORMING as well.

        (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
        Reply

        4 Replies

        loading loading ...
      • 100%
        RebeccaC9 months ago

        HAHAHAHAHAHAHA OH MY GOSH!!!! How I would love to shake the hand of this person. I agree with poster "TweekerchickQC" that violence is never the answer, but this guy really had it coming. How I would have loved to do that myself to a couple of former employers.

        (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
        Reply
        loading loading ...
        • 0%
          klahr9 months ago

          Good-Getready for More-People getting Ripped Off an No Taking away Bank Account's,Homes ETC.
          And No One Doing Time-If the Court's Don't do Something(GUESS WHAT)

          (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
          Reply
          loading loading ...
          • 0%
            cybotot9 months ago

            Oh sorry I forgot to add Dodd, Pelosi and Reid to the list of jerks who need to do time in the stocks!

            (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
            Reply
            loading loading ...
            • 0%
              JeromeThomas9 months ago

              PROPELLER is another of the several lame, low-content AOL click-throughs. I have STOPPED clicking on AOL story indexes, and instead open GOOGLE NEWS. This way, I avoid all the AOL clones like PROPELLER, POPEATER, WALLET POP and other empty scams. Realize that AOL is no more than click bait for morons, and you'll be better off.

              (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
              Reply

              4 Replies

              loading loading ...
            • 100%
              cybotot9 months ago

              Jerome are you aware that Google keeps every click ever typed by anyone with them from Google's inception into perpetuity. Perhaps Google can change its name to BIG BROTHER.

              (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
              Reply
              loading loading ...
              • 100%
                haledav9 months ago

                Now, THAT is funny!!! We need a little sunshine right now, and the vision of Fuld being knocked on his ass is just too beautiful. Does anyone know who did the ouching? Was it a former investor or employee? Whoever it was, God bless and keep them. We can only hope the FBI ends up prosecuting this little weasel.

                (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                Reply
                loading loading ...
                • 0%
                  cybotot9 months ago

                  LOL it does explain that GIANT wrinkle in Fuld's forehead when he was testifying before congress.

                  (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                  Reply
                  loading loading ...
                  • 0%
                    reallypsst9 months ago

                    You know the judicial system is going to drag their ass on these convictions if they really do go after them!

                    (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                    Reply
                    loading loading ...
                    • 0%
                      john77339 months ago

                      sweet justice !! all of those CEOs deserve either punches or pies to the face ... I love it !!

                      (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                      Reply
                      loading loading ...
                      • 0%
                        ateazeinbham9 months ago

                        I think corporate CEO's salaries in Japan are limited to 17 times their highest paid employee....Stockholders here have no rights to what a CEO's compensation is...That is decided by the Board...Boards are usually made up from over compensated CEO's from other company's...the old boy network...

                        I believe congress needs to pass laws or we might need a constitutional amendment to limit these CEO's compensation package....They are nothing more than the robber barons of the 19th century...

                        These CEO's and their underlings believe they are worth every penny..When Lehman Brothers CEO Dick Fuld was begging congress for money he was also begging his board to approve 20 million dollar exit packages for some of his people that were leaving....

                        This country is in horrible shape....There is nothing wrong with being a HAVE...But us HAVE NOT'S are tired of getting raped by our government and by these corporate self-serving, righteous, crooked,bigwig individuals..

                        They love to quote history on how this country was founded....But when Joe and Jane Average finally stand up because they are so sick of this....What will they think when we throw our TEA PARTY...

                        (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                        Reply

                        1 Reply

                        loading loading ...
                      • 0%
                        ateazeinbham9 months ago

                        I think corporate CEO's salaries in Japan are limited to 17 times their highest paid employee....Stockholders here have no rights to what a CEO's compensation is...That is decided by the Board...Boards are usually made up from over compensated CEO's from other company's...the old boy network...

                        I believe congress needs to pass laws or we might need a constitutional amendment to limit these CEO's compensation package....They are nothing more than the robber barons of the 19th century...

                        These CEO's and their underlings believe they are worth every penny..When Lehman Brothers CEO Dick Fuld was begging congress for money he was also begging his board to approve 20 million dollar exit packages for some of his people that were leaving....

                        This country is in horrible shape....There is nothing wrong with being a HAVE...But us HAVE NOT'S are tired of getting raped by our government and by these corporate self-serving, righteous, crooked,bigwig individuals..

                        They love to quote history on how this country was founded....But when Joe and Jane Average finally stand up because they are so sick of this....What will they think when we throw our TEA PARTY...

                        (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                        Reply
                        loading loading ...
                        • 0%
                          jakesmom9 months ago

                          that ws great. he definitely should have been punched and then he should of kicked him when he was down. arrogrance.

                          (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                          Reply
                          loading loading ...
                          • 0%
                            pilondog9 months ago

                            hAVE YOU NOT LISTEN ???? ALL OF THIS MESS STARTED WHEN THE DEMS TOOK OVER THE CONGRESS ---- GAS WENT UP AND ALL THE CROOKS STARTED TO PAD THEIR POCKETS DAMM USE YOU HEADS
                            LOOK WAHT THEY HAVE DONE TO US . AND YHOU WANT TO VOTE THAT MUSLUM INTO OFFICE ???????????????????

                            (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                            Reply

                            8 Replies

                            loading loading ...
                          • 0%
                            lerrimee9 months ago

                            I think we need to sue these rotten CEOs! We the people have had to bail out their bad decisions and they should have to pay back their "golden parachutes" to the American people! What they have done is CRIMINAL and they need to be PUNISHED. Let me tell you if any of us main streeters had done something similar we would be fined and placed in the slammer. Seize all their bloated belongings and auction them off. And what about the AIG executives who spent $400,000 a week after we bailed out their company? Fire them and demand the money back!

                            (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                            Reply
                            loading loading ...
                            • 0%
                              papam119 months ago

                              Fuld is the perfect example of the "I/Me" growd. What could the shareholders possibly be thinking, letting pieces of garbage like him walk away with hundreds of millions of dollars. If it were me, Fuld would still be spitting teeth out. What an arrogant piece of garbage. May a herd of camels ..................!

                              (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                              Reply
                              loading loading ...
                              • 0%
                                sonnype9 months ago

                                Im suprised someone hasnt shot these guys

                                (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                                Reply
                                loading loading ...
                                • 100%
                                  francoack9 months ago

                                  couldn't agree more!!!!!!! I hope the feds have the guts to go after franklin raines and stan o'neal - they should be forced to pay back the millions they ran off with.

                                  (comment_max_expanded_depth : 2) (depth : 1) (comment_max_render_depth : 3)
                                  Reply
                                  loading loading ...
                                  View All 100 Comments

                                  Add a Comment

                                  Sign In With Your Propeller Account

                                  Forgot your password?

                                  Please keep your comments relevant to this story.

                                  To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

                                  Submit a Story

                                  Today's Top Stories!

                                  Story Tags ?

                                  wall_street dick_fuld lehman_brothers

                                  Hey! If you Sign In, you can add tags to this story!

                                  Real Estate Info

                                  Get the Latest Market Info for Your Area



                                  Find Foreclosed Homes

                                  Real Estate Investing

                                  Homes for Sale



                                  Also Dropping This Article

                                  No one has dropped this story.

                                  Groups Watching This

                                  No groups are watching this story. Why not share it with your groups?

                                  Also Submitted By

                                  No one else has submitted this story.

                                  Advertisement