Richard Fuld and Alan Schwartz, the former chief executives, respectively, of Lehman Brothers and Bear Stearns.
Lehman's chief executive, Richard Fuld, may one day be tempted to flourish his cheque book.
Richard Fuld seems to be putting himself and Lehman Brothers into a corner.
Shares rose 5% after Chief Executive Richard Fuld gave a positive outlook during the company's earnings call.
Chief executive Richard Fuld said, perhaps prematurely, in April that the worst of the crisis was over.
And, for good measure, CEO Richard Fuld may be out by the end of the year.
But all Chief Executive Richard Fuld has seemed to be able to accomplish is rearranging deck chairs.
Richard Fuld steered Lehman Brothers into a swampy lagoon of subprime debt.
Mr. RICHARD FULD (CEO, Lehman Brothers): I feel horrible about what has happened to the company and its effects on so many.
Lehman's CEO, Richard Fuld, was asked about what was going on at the firm in the days leading up to its bankruptcy filing.
It is supposed to be an investigation into whether Lehman and its chief executive, Richard Fuld, misled investors about the firm's financial health.
Richard Fuld may be ruing the day he told shareholders at Lehman Brothers ' annual meeting that the worst of the credit crisis was behind Wall Street.
Lehman, led by Richard Fuld since 1993, is generally considered to be among the best on Wall Street at managing costs and efficiency while getting consistent revenue growth.
His office is the most important space in his world, which doesn't seem so unusual compared to the lives of today's leaders, Vikram Pandit and Richard Fuld and John Thain.
Financial Times reported that Richard Fuld , Lehman's embattled chief executive, tried to convince the Korean Development Fund to buy 50% of his company last month and was turned down.
"The firm is showing that it can produce strong revenues and earnings even when one or more sectors of the industry are not performing well, " chairman and chief executive Richard Fuld said.
Lacking credibility, the firm replaced its chief financial officer and chief operating officer, yet Richard Fuld remains chief executive officer and has to find some way of reassuring the markets he has a firm grasp on the company's direction.
"This was a terrific year for Lehman brothers as we set new records for revenues, " said Richard S Fuld Jr.
应用推荐