Richard Fuld
Lehman CEO: Why Weren’t We Bailed Out?
By Matthew Blake 10/6/08 3:57 PM
The House oversight committee has spent the day unloading on Lehman Bros. CEO Richard Fuld — his $480 million in compensation over the past eight years, his investment bank’s unprecedented leveraging of mortgage assets, his misleading of Lehman shareholders up to the day the company declared bankruptcy and the fate of 25,000 Lehman employees.
Fuld has [...]
GOP Line on Financial Crisis: Blame the GSE’s
By Matthew Blake 10/6/08 12:16 PM
The House oversight committee is holding a hearing now on the collapse of Lehman Bros. and the financial crisis generally. This hearing– and four others– will likely provide hints of how Congress, post-bailout bill, will try to revamp how the government polices Wall Street.
The committee has produced internal Lehman Bros. documents that show Lehman CEO [...]
© 2008 The Washington Independent
