Internet Anthropologist Think Tank: S. Lehman pissed somebody off.

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    Monday, October 06, 2008

    S. Lehman pissed somebody off.

    Shearson Lehman/American Express LogoImage via Wikipedia
    Shearson Lehman needs to be careful whom they piss off.

    WASHINGTON, Oct 6 (Reuters) - Richard Fuld, the disgraced head of Lehman Brothers (LEHMQ.PK: Quote, Profile, Research, Stock Buzz), said he would wonder "until they put me in the ground" why the U.S. government did not rescue the 158-year-old Wall Street firm and claimed regulators knew the full scale of its condition far before its collapse.

    Fuld said he took full responsibility for his actions ahead of the downfall of Lehman, but said U.S. regulators were aware of everything at the firm and knew how it was pricing its distressed assets in the months prior to its bankruptcy.


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