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Dick Fuld About To Come Into A Nice Chunk Of Change

Beers on the ex-Lehman CEO tonight.
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On September 3, 2007, then Lehman Brothers CEO Richard S. Fuld made a profound statement in an email to colleagues, writing "the BRos always wins!!". And while it should've come with a footnote that clarified, "Win like ultimately, but not before we destroy a 158 year-old institution, are run out of Wall Street, become the poster child for stupid decisions that led to the global financial crisis, and are more or less shunned by society." Because after all that, and a number of years of keeping an extremely low profile lest he be recognized in public, things are working out pretty well for Dick Fuld. Some might even say he's "winning."

Last spring, he began hitting the party circuit again. In May, someone actually asked him to give a keynote address at an investing conference, where he discussed the secrets to Lehman Brothers' success. Whole years have gone by since he got into an altercation with another parent at a youth hockey game. And now, he's about to score a nice li'l payday.

Dick Fuld’s Sun Valley, Idaho, estate is hitting the auction block...While the 11-bedroom, 10.5-bathroom home near the famed Sun Valley ski resort was previously offered for $59.5 million, the property is expected to sell for between $30 million and $50 million, according to the listing on Concierge Auction. At the low end of the range, it would still be the most paid for a US residence sold at an auction, according to New York-based Concierge. The auction starts at 8 p.m. New York time.

2015: The Year of the Dick? It just might be.

Dick Fuld’s Sun Valley spread could set $30M auction record [NYP]

Related: Dick Fuld’s Reentry To Society Involves Telling People The Secrets To Running A World Class Investment Bank


Dick Fuld Needs Your Help

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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."

Photos: Getty Images

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