Dick Fuld – “for a measly $300 million you expect me to keep track of what was going on?”

Greenwich’s (and Lehmans’, lucky them) Dickie Fuld testified today that he had “no fucking clue” anyone was trying tricky accounting moves to make his firm appear solvent. “My wife’s buying $40,000 a month in linens for our seventeen houses – you think I had time to supervise her and 28,000 employees? Get lost.”

Fuld’s testimony, while aggressive and even combative, may not end the matter. More soon, no doubt.

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3 responses to “Dick Fuld – “for a measly $300 million you expect me to keep track of what was going on?”

  1. not so anonymous

    I was friends with a coal miners son a while back, a poet, smart, and I tried to get him to see that his mantra” hate the rich” was lazy…. This Fuld guy sure makes it a hard sell.

  2. $40K/Month in linens? Hmmm I guess they’re really “Green” types who don’t want to use excessive water washing all those bedsheets. Hard sell indeed, but at least Ms. Fuld kept a few Egyptian cotton pickers employed for a while.

  3. tagpeddler

    normally a CEO, boss, president, top dog, owner, man in charge, is being paid to supervise. fuld apparently was being paid to be the biggest meanest ass hole on the planet. and was proud of it. his sort of downfall always hurts the most. yeeeeeeesss