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Sunday, November 22, 
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Entries tagged "Dick Fuld"

Parsing a Lehman employee's words

A former Lehman employee's letter in the Times exemplifies what Andy Kessler calls Wall Street's meritocracy.


Fuld sells apartment for $25M

Former Lehman Brothers CEO Dick Fuld sold his Park Avenue co-op for $25.87 million to co-founder of MSD Capital Glenn Fuhrman.


A Colossal Failure: Laying blame for Lehman's fall

Former Lehman distressed debt trader Lawrence McDonald's book is more like two separate memoirs about his life before Lehman, and a second about the four years leading up to the bank's collapse.


A few simple lessons of the fall of Lehman

'A Collosal Failure in Common Sense' is the first in a series of books about the collapse of Lehman Brothers.


Lazard hires Merrill's Woody Young

Former Merrill banker George H. 'Woody' Young III becomes head of global telecom at Lazard as the firm loses co-head of global TMT, Laurence Grafstein, to Rothschild.


Fuld alma mater to teach financial literacy

Wilbraham & Monson Academy, the boarding school that brought us Richard Fuld is creating an on-campus trading floor that it claims will take financial literacy to "a whole new level," according to the WSJ.


Woody Young latest BofA-Merrill departure

The reported departure of telecom banker George H. 'Woody' Young III from BofA-Merrill over culture clash claims is just the latest high-profile defector since BofA closed the Merrill deal.


Why did Callan take a leave of Credit Suisse?

Credit Suisse executive Erin Callan, considered one of Wall Street's highest-profile women, took a leave of absence, leading to rumors.


Former Lehman CEO sells estate to wife for $100

Richard Fuld Jr., the former chairman and CEO of Lehman Brothers Holdings Inc., sold his share of a $13.75 million Jupiter Island, Fla., home to his wife Kathy for $100 nearly two months after the company he led made the largest bankruptcy filing in U.S. history....


Sign of the Apocalypse: Dick Fuld flies JetBlue

The latest sign that the end is near? The New York Post's Page Six column reports the following sighting: "FORMER Lehman Bros. chairman Dick Fuld and his wife, Kathy, learning to fly commercial, being instructed by a man who appeared to be their driver on how to work the JetBlue self check-in kiosk at Palm Beach airport en route to La Guardia." - Matthew Wurtzel  ...


The search for good and evil in the Lehman prosecution

If you didn't think the coming prosecutions on Wall Street would delve into some very weird territory, Wednesday's story in The Wall Street Journal effectively dispelled that. The Journal is reporting that a scrum of federal prosecutors chasing a pack of former Lehman Brothers Holdings Inc. execs may ask analysts whether Lehmanites did, or did not lie about the condition of that now-vaporized firm. For those of you with a still-functioning memory, this creates a little frisson of irony. Wasn't it just yesterday that analysts were the biggest liars, dissemblers, sophists this side of Enron? Wasn't it just a few...


See Lehman hearings

Henry Waxman, D-N.Y., the chairman of the House Oversight and Government Reform Committee, has banged his gavel Monday for the first of two hearings this week on the causes of the financial mess. Monday's hearing tackles the bankruptcy of Lehman Brothers Holdings Inc. Tuesday Waxman moves on to the $85 billion bailout of American International Group Inc. - William McConnell Watch the video of the hearings...



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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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