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Wall Street Breakfast: Must-Know News [View article]
Dick Fuld has been a day late and a dollar short right along, at least since June when Lehman was "discussing" selling off assets and the news got out, which caused Fuld to take his eye off the ball and start trying to find out, screaming, "Who leaked??!!"
He has constantly been playing catch-up, waiting too long to make the moves he could have made sooner, and by trying to save everything saving nothing....
except for his own net worth, which will obviously take a hit, but nothing like those his shareholders are taking.
The least Paulson could do is take away Fuld's passport.
Anybody got any other ideas?