Dick Fuld

  • FULD SMASH

    Banks

    Lehman Brothers Will Be Making Money Until At Least 2018

    THE BROS ALWAYS WINS!

    / Feb 3, 2015 at 1:11 PM
  • Ready to party

    News

    Dick Fuld Ready To Hit The Party Circuit Again

    After keeping a fairly low profile over the past 6 years, following the whole implosion of Lehman Brothers situation, Fuld announced Monday night that he’s ready to rock. Text him the details of this weekend’s rager and he’s there, assuming the ole ball and chain doesn’t have other ideas.

    / Nov 12, 2014 at 12:14 PM
  • dickfuld

    News

    Here’s Your Chance To Drive Like A Failed Bank Executive

    A Porsche 911 Turbo that appears to have been originally owned by Dick Fuld is on sale for $60,000.

    / Jan 23, 2014 at 3:10 PM
  • Banks

    Uncooperative Laws Kept SEC Off Dick Fuld’s Back

    Prosecutors got bored investigating Lehman Brothers pretty fast, but not so the SEC, which persisted until last year in trying to come up with something, anything to throw at Dick Fuld, at great personal risk and to no avail. Some (Mary Schapiro, for one) are still puzzled by this. He has George Canellos to thank.

    / Sep 9, 2013 at 6:58 PM
  • Richard_Fuld-3

    News

    If This Were A Children’s Hockey Game, Dick Fuld Would Settle His Dispute With His Ex Son-In-Law Like An Adult (By Beating the Crap Out of Him) But Since It’s Not He’ll Have To Settle For The Next Best Thing (Suing The Guy For $12.9 Million)

    If you had to pick a current or former Wall Street CEO to be your father-in-law, it stands to reason that Dick Fuld would have to be close to the bottom of your list, yes? Lloyd, obviously, would be a delight. Vikram would probably be fun, too. Something about Jamie just seems very pal-y, father-in-law-ish, […]

    / Jun 20, 2013 at 5:45 PM
  • News

    Do Not Feed The Consultant

    The prospect of physical violence does not rate on the list of risks inherent in hiring Dick Fuld as a consultant.

    / Mar 26, 2013 at 3:18 PM
  • blackberrybrickbreaker

    News

    Phone No One Uses Will No Longer Carry Game No One Plays

    New versions of the BlackBerry mobile device won’t come equipped with BrickBreaker, a simple game that for years was installed on every BlackBerry and at its peak developed a cult following among traders and Wall Street executives. Richard S. Fuld, the former Lehman Brothers chief executive, became so addicted that in 2006 he had his […]

    / Jan 30, 2013 at 6:41 PM
  • News

    Dick Fuld Attends Hockey Game Without Getting Into Physical Altercation

    One tale many love to tell about Richard S. Fuld, besides the one involving him destroying an 158 year-old institution, is that of the time he got into a fistfight at his son’s hockey game, with a parent from the opposing team. Though there have been many stories over the years of adults who lack impulse control throwing down at their children’s sporting events, perhaps people were fascinated by the fact that the the CEO of a public company was unable to reason that punching someone in the face at a Peewee hockey game = bad, keeping your hands to yourself = good.  On that note, one sports fan reports that Fuld has since matured, and realizing his own limitations, now travels with protection (for himself/spectators in his section).

    “Was at the Rangers/Devils game last night sitting a few rows behind Dick Fuld and his wife. He was with two goons who were clearly his body guards, one sitting next to him in a tan jacket and the other one standing behind him in black. Fuld was wearing a suit…I guess to try and look like he actually has a job he was coming from befoe the game.”

    / May 24, 2012 at 7:06 PM
  • richardfuld

    News

    Dick Fuld’s Weekend Is Looking Up

    U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined that they will probably not recommend any enforcement action against the firm or its former executives, according to an excerpt of an internal agency memo. Under a heading reading “Activity in the Last Four Weeks,” […]

    / May 24, 2012 at 3:56 PM
  • News

    Dick Fuld Never Stops Pounding The Pavement

    Last month it was lunch with Alan Schwartz, today this:

    / May 14, 2012 at 3:38 PM
  • News

    Charlie Gasparino: Rumors Government Is Planning To Nail Four On Wall Street Probably Only Rumors But Listen Up Anyway

    Point: “The latest urban legend to spread on trading desks and through the executive suites on Wall Street goes something like this: coming this fall, as President Obama makes his final push for a second term, his Justice Department will finally give the public what it wants in the form of an arrest of a major Wall Street figure for his role in the financial crisis. The men at the top of this “October Surprise” list are two of the more infamous figures in the banking business: former Lehman Brothers chief executive Dick Fuld and current Goldman Sachs chief executive Lloyd Blankfein. Using the Justice Department for political purposes is, of course, pretty sleazy.

    Counterpoint: “…But after speaking to my law enforcement sources — and you can throw people who work at the Securities and Exchange Commission and the Justice Department in this category — I give low probability for this urban legend coming to fruition.

    Regardless:

    “Here’s what I am told, confirmed by two senior law enforcement officials involved in the insider trading probe: investigators are looking at charging someone they describe as a “big fish.” The person has been described as someone I would know, which since I cover Wall Street, means that it’s a major financial type implicated in the matter. I cannot be certain of this because my sources refused to provide any additional details; the case isn’t complete. It involves cooperators, which means that it might go forward or it might not.

    So the October Surprise is a very real possibility, much to delight of journalists like myself. But before rejoicing we in the media should take a deep breath. These same law enforcement sources investigating insider trading among Wall Street fat cats and other corporate titans are also looking at the alleged improprieties of a major journalist who covers stocks. That case, like the other, isn’t completed, but both have been described as “moving forward.” In other words, stay tuned.

    An October Surprise On Wall Street [HP]

    / May 1, 2012 at 1:21 PM
  • News

    Lehman Brothers Thought Fight To Stay Alive Was A Battle Of Good (Them) Versus Evil (Everyone Else)

    As some of you may recall, a month after Lehman Brothers went under, the House Committee on Oversight and Government Reform released an interesting email Dick Fuld had sent to LEH vice-chairman Thomas Russo on Saturday, April 12, 2008, circa midnight. Dick had just come back from a dinner with Hank Paulson and was so excited to relay the details he couldn’t wait ’til the next day to get in touch with Russo, who he apparently viewed as his “teacher.” Fuld said his key “takeaways” were that the government loved Lehman, that Paulson wanted to “kill the bad hedge funds” (like those diabolical shorts Fuld knew were to blame for his problems), and that while the then Treasury Secretary appeared to have a “worried view” of Merrill Lynch, Dick got the sense that Paulson thought Lehman was in terrific shape. Per the bankruptcy documents put online last week, here’s how the rest of the conversation between Fuld and his Sensei went.

    / Apr 30, 2012 at 6:32 PM
  • That Be Us

    Dick Fuld: “The Bros Always Wins”

    As previously mentioned, if one were inclined to relive the fall of Lehman Brothers, one could do so via the bankruptcy documents that were recently made available online. There you’ll find, among other things, countless examples of what has been said so many times since September 15, 2008, which is that it’s amazing how delusional the people at the very top were, vis-à-vis the firm’s solvency/what people thought of it/everything. Also worth marveling at? The fact that Lehman lasted as long as it did with what appear to be barely literate troglodytes running the place.

    [The following dialogue is re: CITIC considering an investment in a US bank and the suggestion that it is more interested in Bear Stearns.]


    / Apr 30, 2012 at 12:46 PM
  • News

    This Is A Thing That Happened

    All-Star executives Dick Fuld and Alan Schwartz break bread in Midtown today [Erik Schatzker via BI]

    / Apr 4, 2012 at 4:33 PM
  • dick_fuld.03

    News

    Dick Fuld Needs Your Help!

    Earlier this afternoon we were thinking it’d been a while since we’d gotten an update on what’s been a’ poppin’ with Dick Fuld. Was he still plotting his comeback? Had he gotten over not being invited to Erin Callan’s wedding? Questions needed to be answered. Luckily, Charlie Gasparino recently spent some time tailing Richard and […]

    / Feb 23, 2012 at 3:09 PM
  • News

    Dick Fuld Not Done With Lehman Lawsuits Just Yet

    Remember when Lehman went bankrupt? Good times. The thing about that was that pretty much right up until the minute Lehman filed, people like Dick Fuld and Erin Callan were going around saying things like “we stand extremely well capitalized to take advantage of these new opportunities” and “[w]e have maintained our strong liquidity and […]

    / Jul 27, 2011 at 1:26 PM
  • News

    Dick Fuld Has A Message For Wall Street

    It could also be interpreted as the greatest veiled threat since Angelo Mozilo said Bank of America “will reap the benefits of what [Countrywide] has sowed.”

    / Jul 6, 2011 at 4:11 PM

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista
  •