Dick Fuld Keeps The Laughs Coming

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“There was no capital hole. Lehman had the capital. We needed the liquidity." [DI]

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Dick Fuld Needs Your Help

Sleep where the former Lehman Brother CEO hath slept, while he was keeping a low profile post-bank collapse/plotting his comeback.

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.]