Dick Fuld Will Not Be Defeated
It's been nearly a year since Lehman Brothers went bust, making it the perfect occasion to send a reporter to hunt down Lehman's former CEO, Dick Fuld. A Reuters correspondent managed to find him last Friday, looking tan and dressed in and well-rested at his "country house in a bucolic setting beside a river and amid tree-covered slopes in Ketchum, Idaho." So how's he doing?
Not so bad, especially since the mysterious person standing in his driveway isn't there to kill him. "You don't have a gun; that's good," he says to the reporter.
As for the anniversary that is looming, Fuld says he's fully prepared for whatever comes his way:
You know what? The anniversary's coming up. I've been pummeled, I've been dumped on, and it's all going to happen again. I can handle it. You know what, let them line up.
If Fuld seems a little embattled, he has good reason. Since Lehman went bankrupt, he's lost $1 billion in net worth, he and his wife have been forced to sell their Park Avenue apartment and pieces from their art collection, he's been pushed off the boards of several non-profits, and he now has to fly coach. But he's still keeping a positive attitude.
I'm not a defeatist... I do believe at the end of the day that the good guys do win. I do believe that.
