Lehman Brothers CEO Got Punched In The Face
Dick "It Wasn't My Fault" Fuld, the CEO of bankrupt investment bank Lehman Brothers, (seen here being heckled after testifying on Capitol Hill) was apparently punched in the face while working out in Lehman gym on the Sunday following the bankruptcy, according to CNBC's Vicki Ward.
Fuld testified before the House Oversight Committee yesterday, blaming everyone but himself for Lehman's collapse, an attitude that prompted Ward to confirm reports that he'd been punched in the face and to side with the attacker:
“From two very senior sources – one incredibly senior source – that he went to the gym after … Lehman was announced as going under. He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold. And frankly after having watched this, I’d have done the same too.”
Knock Out: CNBC Confirms Lehman CEO Punched at Gym [Business And Media]
Lehman CEO Fuld Blames Everyone But Not Himself [Gothamist]
(AP Photo/Susan Walsh)
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Comments:
@johnarlington: or a shoe to the groin. I'm sure I say this for everyone else... boy I wish I could have been the one doing the punching!
I don't know enough about the Lehman collapse to say whether or not he was to blame. But even if he was, I'm not a huge fan of punching people just because they were bad at their jobs. After all, I'm sure he didn't intentionally run the company into the ground.
Plus I have to admit I felt kinda bad for him the way they were running down the list of his extravagant possessions, as if he should feel bad for spending his paycheck. The fact is, CEOs make lots of money, and sometimes businesses go under, and if you're the CEO of one of those, you'll be made out to be the bad guy 'cause while others are now in financial trouble, you're still rich.
I save my punches for the granny-scammers, muggers and child abusers. Sorry.
Gosh, the expression on Fuld's face is positively Beelzebubian. I wonder if he had the same expression when he approved the CDFs that tanked the global economy so he and his ilk could collect those phat bonuses?
(Call me a traditionalist, but what ever happened to good ol' fashioned Tar & Feathering? I smell... COMEBACK!)
((And do I wish Tar & Feathering was a voting option? You betcha!))
[research.history.org]
the CEOs are to blame when a company goes under. no CEO can say they did not know what was going on. they have the power to find out or get people who will tell them the truth. CEOs salaries/kickbacks/patachutes/etc NEED to be tied to LOSS as well as profit. i dont mind paying you 100 million when i am raking in 100 billion, but damned if i am paying you anything when im negative 700 billion, in fact, i want what i already paid you back.
@Trai_Dep: Nah, they'd never have enough feathers, and if htey did, they'd be the cheap artificial variety from china.
"If violence wasn't your last resort, you failed to resort to enough of it."
Rule 6 of the Seven Habits of Highly Effective Pirates.
[en.wikipedia.org]
[www.schlockmercenary.com]
In a way I agree with both parties here... those who say he deserved it and those that say violence is not the solution and the punch was not appropriate...
He certainly deserves something... maybe it is time for an accountability law... one that looks at what a fella like this has been paid over the years, what he has accomplished and if he should be rewarded (golden handshake) or financially punished (read as let's go take back all he got from this deal and look for the folks who his actions were designed to benefit and take theirs too!)
As for the physical abuse... he shouldn't have to put up with that from anyone other than his cell mates.
Woah - that kind of thinking is way too rational for this forum. Join in the mob mentality already, jeez.
@equazcion:
What you fail to realize that the reason CEO's are rich is they are paid to protect the investments of their employees/investors. When a CEO like this has millions of dollars to spend on an extravagant lifestyle and yet let their own business run into the ground is all the more reason to punch him. If this were China he would have been drug out into the street and shot.
(Not condoning communism or gestapo tactics but it would be a huge deterrent to all the corporate corruption this country faces)
And the last refuge of people who have been horribly wronged and will have no legal recourse, despite knowing exactly who is responsible and that they desperately deserve it.
@DeadlySinz: I'm conflicted. As someone who deeply appreciates the English language (not enough to forgo contractions apparently), I am thrilled that you dropped the "p", but still wanting for your lack of an "e".

























As rich and powerful as you might be, no amount of money and influence can ever stop you from getting knocked the fuck out.