Megan McArdle

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To Lehman's Credit

11 Sep 2008 11:47 am

The storm that has shaken Lehman Brothers in recent weeks

As Lehman Brothers Holdings Inc. stock teetered in recent weeks, Chairman and Chief Executive Richard Fuld Jr. called Wall Street executives to make sure they were still trading with his embattled firm and offering it credit. Rumors about the firm's health kept popping up, he groused to other executives.


"I feel like I'm playing whack-a-mole every day," Mr. Fuld said, according to people familiar with the calls.

It's hard to read the article and not picture Mr. Fuld at home, hiding behind the bannister while his 8-year old talks to a debt collecter and whispering:  "Tell them I'm not home".


Comments (2)

It's hard to read the article and not picture Mr. Fuld at his 8,000 sq. ft. home in Westchester County, hiding behind the gold-inlaid spiral-staircase bannister while his 80-year old butler talks to a debt collecter and whispering: "Tell them I'm not home".

FYP


This post me laugh on an otherwise shitty day.

Thanks Megan.

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