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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Unrepentant ‘Gorilla’ of Wall Street Wants You to Bite Him
PoliticusUSA
No, the gorilla of Wall Street is not in jail. Asked why he didnt just ride into the sunset, the former CEO of Lehman Brothers responded, Why dont you bite me?
And those, ladies and gentlemen, are the words of a Wall Street banks CEO explaining why he has no regrets even though he oversaw Lehman Brothers during the biggest bankruptcy in this countrys history and played a rather large role in the financial collapse of 2008.
You, of course, might feel otherwise.
Breaking his seven year silence to speak at the Gandy Hyatt hotel in Midtown Manhattan, Richard Fuld Jr (Dick Fuld) played fast and loose with the truth and wished for better days. Days when he and his kind were making risky bets on the backs of the American people with no regulation in sight. You know, before the collapse of Lehman Brothers Holdings, Inc.
Watch here: (phone wouldn't load vid)
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http://www.politicususa.com/2015/05/29/unrepentant-gorilla-wall-street-bite.html
hifiguy
(33,688 posts)awoke_in_2003
(34,582 posts)like FIFA officials
Exilednight
(9,359 posts)Bailing out "too big to fail" made these guys look like superstars within the industry. Creating "too big to fail" has shown that these guys will take huge risks knowing that they will not be allowed to collapse.
Now every bank wants to be that big, putting these guys in high demand.
moondust
(19,917 posts)Response to Panich52 (Original post)
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