Confirmed: Lehman Bros CEO Punched In Face »
Posted By berkeley 9 months ago in Business & FinanceCNBC 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.
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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 ...
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kankunComment removed: User banned.
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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.
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FEJEDELEMP9 months ago
AMEN AT THE VE3RY LEAST RAPE THEM FINANCIALLY THEN PUT THEM IN WITH BUBBA
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Swissflyer9 months ago
I totally agree with your comment of imprisioning all guilty CEO's, plus making them pay back all monies. If a poor black guy commits some small time robbery, he goes to jail for a couple of years. Wake up America, because you are sound asleep at the wheel.
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fedupagain9 months ago
I totally agree 100%. These CEO's need to be brought to justice once and for all and be made examples of so all the other greedy and criminal minded culprits of these companies will not get away with this crap. I am so steamed over this!
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sieben139 months ago
That wont happen,they have friends in high places Bush,Cheney and the :GANG" These people don't give a rats ass about your money They make their money and to hell with you and yours . Wake up america,the system is broken and need to be FIXED a punch in the face was nothing after he made the insane money he did
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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.
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1969 months ago
I agree. Its a shame Bush has gotten the blame for the mess we are all in even though it seems that Chris Dodd and Barney Frank are more at fault. It is amazing to me that both Demacrats and Republicans can't agree on that.
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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.
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cybotot9 months ago
Sorry also should have added Dodd, Pelosi and Reid to the list of jerks who need to do time being pelted with garbage in the stocks on the National Mall!
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reallypsst9 months ago
CYBY baby i second your motion lets put this into law than maybe we can shake the political tree and watch all the crooks fall out!
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Donatello9 months ago
I agree with every word that you have penned here.When will we finally say enough and kick our elected officials out of Washington when they so blatently go against the wishes and/or basic interests of the average American? What the hell are they there for?
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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.
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klahr9 months ago
Good-Getready for More-People getting Ripped Off an No Taking away Bank Account's,Homes ETC.
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And No One Doing Time-If the Court's Don't do Something(GUESS WHAT) -
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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!
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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.
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reallypsst9 months ago
JT can you in your vast wisdom direct us to a more meaningful site besides your brain, get with the progam , people are surfing the net and kinda venting out on all webs .
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JamesMarcus9 months ago
Speaking as a Propeller staffer, let me ask: what's the scam? Sure, Propeller is a social news site owned by AOL. It offers community-driven content, which is what differentiates it from the other AOL properties you mentioned. If that's not your cup of tea, there's no need to return--but this hardly qualifies as a bait-and-switch racket. All you lost was the sixty seconds it took you to type that comment. Of course we appreciate the participation :).
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wonderfulusagoverment9 months ago
Then why in heavens name are you even on this blog if that is how you feel....I smell an idiot
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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.
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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.
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cybotot9 months ago
LOL it does explain that GIANT wrinkle in Fuld's forehead when he was testifying before congress.
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reallypsst9 months ago
You know the judicial system is going to drag their ass on these convictions if they really do go after them!
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john77339 months ago
sweet justice !! all of those CEOs deserve either punches or pies to the face ... I love it !!
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bankonclydeComment removed: User banned.5 Replies
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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...
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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...-
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seoloc9 months ago
The members of the board of trustee's are approved by majhority vote of the stockholders of common stock once a year as required by Federal Law. Usually the stockholders will received a snail mail, e-mail notification of when and where the anual stockholder meeting is to be held and notification of the different slate of board members being nominated. Usually the stockholder will be asked to give his/her proxy vote for the total number of common shares he/she owns to a person to vote at the stockholders meeting. Sometimes even the top level of managment is also up for confiramtion by these common share stock holders.
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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...
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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... -
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jakesmom9 months ago
that ws great. he definitely should have been punched and then he should of kicked him when he was down. arrogrance.
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TheHammer6669 months ago
Gas prices started increasing when we invaded Iraq on unsubstantiated intelligence reports. This mess was started baci in 1999 by Phil Graham and Bill Clinton. The reregulation of theses businesses was voted on by Republicans and Democrats and signed into office by Bill clinton. Probably the only mistake he made aside from NAFTA.
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blurb7779 months ago
I hate to burst that bubble of misunderstanding that you have been living in but, all of this occurred because the Democrats did come into office and the rat traps were set and the rats were caught. Another thing, the Democrats only had so much power-that's how this wonderful system of ours works. The Republicans fought against everything good in congress that could've helped our country by the democrats. The Republicans caused a our government to have a lameduck congress-nothing could pass because the Republicans wouldn't let it happen.
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blurb7779 months ago
Obama is not Muslim, he is Christian, with a family and lives in America in One home. Not like McCain who has 7 or more homes and doesn't have a clue what to do with the poor and middle class family. I guess it's true that it wouldn't matter what Obama does should he make it to the oval office...people just like to hate and that is so sad and this country is going to go down the tubes just because they love to hate
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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!
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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 ..................!
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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.
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