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.