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Turn it on and see Fuld cry live **Kucinich is questioning him**

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seemslikeadream Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:29 PM
Original message
Turn it on and see Fuld cry live **Kucinich is questioning him**
Edited on Mon Oct-06-08 12:29 PM by seemslikeadream
http://www.cnn.com/video/live/live.html?stream=stream1







CEO: Richard Fuld

Company: Lehman Brothers

On his watch: The firm declared bankruptcy on Sept. 15. In April he proclaimed to shareholders that "the worst is behind us," but for months he had dodged queries about the firm's exposure to toxic subprime debt.

Payout $22 million
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:31 PM
Response to Original message
1. He looks like a wannabe dictator. He's just missing a military uniform nt
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Gidney N Cloyd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:36 PM
Response to Reply #1
7. Like a bad guy from a Mission Impossible episode.
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Fleshdancer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:49 PM
Response to Reply #7
13. He does have that Hollywood villian look, doesn't he? n/t
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 01:30 PM
Response to Reply #1
15. He really does. n/t
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:32 PM
Response to Original message
2. Sounds like he just admitted he's going to prison
for insider trading and stock fraud
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Duer 157099 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:32 PM
Response to Original message
3. This fucker hasn't got a soul, he's not gonna cry
And damn, could he speak any slower? It's painful to listen to this asshole
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:32 PM
Response to Original message
4. Wow, what a similarity



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seemslikeadream Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:34 PM
Response to Original message
5.  Congress hears Lehman sought millions for execs

WASHINGTON - Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday.

As well, executives who feared for their bonuses in the company's last months were told not to worry, according to documents cited at a congressional hearing. One executive said he was embarrassed when employees suggested that Lehman executives forgo bonuses, and cracked: "I'm not sure what's in the water."

The first hearing into what caused the nation's financial markets to collapse last month, precipitating a $700 billion bailout, opened with finger-pointing and glimpses into internal company documents from Lehman's chaotic last hours.

Rep. Henry Waxman, D-Calif., chairman of the House Oversight and Government Reform Committee, said the giant investment bank was "a company in which there was no accountability for failure." Lehman's collapse set off a panic that within days had President Bush and Treasury Secretary Henry Paulson asking Congress to pass the rescue plan for the financial sector....

http://news.yahoo.com/s/ap/20081006/ap_on_go_co/meltdown_lehman
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:34 PM
Response to Original message
6. Wow, if you were going to cast a movie that needed a greedy-rich-guy villain,
this would be your dude.
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Gidney N Cloyd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:37 PM
Response to Original message
8. I got it-- it's Dean Wormer!
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seemslikeadream Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:39 PM
Response to Reply #8
10. His evil evil twin
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:38 PM
Response to Original message
9. Greedy SOB. n/t
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:41 PM
Response to Reply #9
11. what was the movie that Michael Douglas was in
Wall Street was it, greed is good, is that what he said?
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buzzard Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 01:31 PM
Response to Reply #11
16. You mean Wall Street I think, Gordon Grecko was the greedy one.n/t
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jojo54 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:43 PM
Response to Original message
12. $22 million.......
so what's congress going to do?? Take it back??? :sarcasm:

This is the proverbial "locking the barn door after the horse gets out".
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 01:30 PM
Response to Original message
14. " No one could have foreseen"
he actually said that a minute ago.

The Regime motto....everyone is stupid...yet, remarkably capable of stealing every penny they could lay their hands on.

Weird, isn't it?
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 03:47 PM
Response to Original message
17. Here ya go:
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