Net
- The Buckaroo and the Demand for Money
- College Flunks Four Times; Eliminates Tuition
- ECB May Be Willing to Take a Haircut on Greek Bonds
- College Flunks Four Times; Eliminates Tuition
- New York Housing Market Could Still Collapse: Analyst
- Ouch! UBS's Bonus Pool Got Whacked
- Banks Already Slipping Through New Capital Requirements
- Greek Default: Why Now May Be Best Time to Do It
- What Germans Really Think About the Greeks
- Why the Social Security Tax Fight Is Stupid
- Should Zuckerberg Get Capital Gains Treatment for His Facebook Stock?
- Fed Valentines
- How Rescuing Greece Could Destroy the World
- Why Greece Will Default, Leave the Euro Zone
- Taibbi On Goldman Sachs
- Roger Altman: Austerity Deal Buys Greece Time
- A Brief Lesson in Banking History
- The Buckaroo and the Demand for Money
- The Stock Market, Insider Trading, and Faith in the Markets
- Political Game of Chicken Emerging in STOCK Act Vote
- ECB May Be Willing to Take a Haircut on Greek Bonds
- College Flunks Four Times; Eliminates Tuition
- New York Housing Market Could Still Collapse: Analyst
- Does More Consumer Credit Mean Higher Taxes, No Fed Easing?
- Contrarian Corner: Is Whole Foods' Growth Slowing?
- Morgan Stanley 'Shoe Lady' Tries on Something New
Call: 201-735-iNet (4638)
Text Message: Text NETNET followed by your tip to 26221.
- Greek Debt Saga Back on Center Stage for Markets
- Greek Cabinet Approves EU, IMF Bailout Bill
- We're Not Greece: Italian Prime Minister Monti
- Private Homebuilders in the US: Dead Men Walking
- Dividend Payout Could Hit Record Amount This Year
- With Investors So Bullish, Stock Pullback Must Be Ahead
- Obama Likely to Call for Cutting Top Corporate Tax Rate
- New York Fashion Week Fall 2012
- NetNet: Why Saving Greece Could Destroy the World
- My Funny Valentine: When Love and the Fed Collide
How Dick Fuld Prepared for His Big Day on Capitol Hill
Senior Editor, CNBC.com
So what did Dick Fuld do to prepare for his stunning Capitol Hill revelation that he thinks Lehman Brothers failed because policy makers had “flawed information?”
![]() |
Getty Images Richard Fuld |
Fuld’s denial of responsibility for the failure of Lehman Brothers surely must have involved some form of below-the-hip-level enhancement. To tell the Financial Crisis Inquiry Commission that Lehman’s failure wasn’t due to its own mismanagement, certainly required that Fuld sport a huge set of…well, uhm…confidence enhancing attributes.
Our spies tell us that Fuld built up his strength for the performance by dining at the Palm earlier this week. And late last week he was at Keens Steak House. Apparently, Fuld needs all the steak he can get.
Who was he dining with at the Palm? We expected that he’d be with some kind of handler, someone prepping him for his FCIC testimony. We hoped to hear that Fuld was in the company of some other former Lehman executive, perhaps tipping back a martini with Erin Callan.
Nope. Fuld was eating dinner with his daughter. Which makes sense and is somewhat heart-warming: at least Fuld’s family will still publicly dine with him.
















