John Kasich Is About To Learn That Long-Ago Bromances With Dick Fuld Never Die

Gushing about your good buddy Dick Fuld in 2001 does not look great in 2015.

We've talked before about how John Kasich's run for the White House will force him to talk about the seven years he spent as a senior executive at Lehman Brothers.

For a centrist, down-home Joe like John Kasich, that's a tough line on the ol' resume and presents a very soft underbelly for his anti-Wall Street opponents to poke at until they all give up and surrender to Emperor Trump.

So far, Kasich has been pretty coy about this time at Lehman, but that wasn't the case when he was working there.

How do we know? Well, Kasich gave an interview to The New York Observer back in September of 2001 when he was a bouncy and excited new hire at a firm that was moving, like the Titanic, slowly towards its doom.

In the Observer piece, Kasich comes off like a fun bro who is just real psyched to have a such a sweet gig after a few years making like almost no money as a congressman form Ohio. He brags about passing his Series 7, takes a phone call about an IPO, gushes about Silicon Valley and makes an insidery joke about zero-coupon bonds.

All in all, Kasich in 2001 gave the overall impression of a guy who f*cking LOVED Lehman Brothers.

When it came to Dick Fuld, the future Darth Vader of Wall Street, Kasich was even less subtly enamored.

“Fuld is an awesome guy,” Mr. Kasich enthuses. “He is the kind of guy you want to go into battle with. He is a great leader. I like people who are really smart and who are great leaders.”

That quote is not the kind of thing you hear a lot these days on the topic of Fuldand is the stuff of 2016 presidential campaign staffer nightmares. It is also the kind of on-the-record, long-forgotten statement that snarky media types will drudge up from the murky depths of the internet and recycle on slow Summer news days.

We look forward to hearing more about what happened in the latter verses of The Ballad of John and Dick when the candidate is forced to show how he fell out with the man who became the face of all that is wrong with Wall Street.

From Congressman to Businessman: John Kasich Cuts a New Deal [Observer]


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Jeb Bush Wasn't Maybe Entirely Useless As A Paid Hand For Lehman Brothers

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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."


With The Primary Over, Wall Street Money Will Get Second Chance To Make A First Impression

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John Kasich Might Just Be Wall Street's Kind Of Crazy After All

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