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Defending the indefensible

Oct 6, 2008 Americana, Gelt, O Mores!

Lehman Brothers’ Richard Fuld is angry:

Fuld said he took “full responsibility” for the bankruptcy of Lehman Brothers and “felt horrible” about it.

But Fuld said he has yet to understand why the federal government helped to bail out the AIG insurance company and other investment banking firms, but did not do so a few days earlier to save Lehman Brothers.

“Until the day they put me in the ground, I will wonder,” Fuld told the Congressional panel, seeming to seethe with anger.

“This is a pain that will stay with me the rest of my life.”

It’s really stunning.

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This entry was posted on Monday, October 6th, 2008 at 8:52 pm and is filed under Americana, Gelt, O Mores!. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Defending the indefensible”

  1. blacktygrrrr Says:

    October 7th, 2008 at 1:51 am

    We should let them all burn. I am in the industry, and am a rah rah cheerleader for corporate America. Good CEOs are worth their weight in platinum. I condemn the left that wants to limit CEO pay. My objection is to bad CEOs. They deserve nothing. Lehman got what they deserved.

    Anyway, I came across your site through the Pajamas Media site.

    My blog is the Tygrrrr Express.
    http://www.tygrrrrexpress.com

    If you feel it is of a high quality, please consider a link or blogroll exchange.

    Also, I get a decent amount (not Pajama-sized!) of traffic, in case you have anything
    you would like to promote.

    Respectfully,

    eric aka the Tygrrrr Express

    Thanks, Eric! I’ll check it out. — RDC