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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Stormin Norman who wrote (14787)	1/26/2009 1:30:49 PM
From: SliderOnTheBlack	3 Recommendations Read Replies (2) \| Respond to of 50251

What's Dick Fuld worried about? Maybe the same thing Hank Paulson was, when he demanded "immunity from prosecution" for his role in TARP I? Maybe the same thing George W. Bush was, when he bought his exile/get a way ranch in Paraguay? Maybe the same thing Dick Cheney was, when he bought his "no extradition" pad in Dubai? See a pattern developing anyone? reuters.com "Lehman's Fuld sold Florida mansion to wife for $100" NEW YORK (Reuters) - Fallen Lehman Brothers Chief Executive Richard Fuld sold his $13.3 million mansion to his wife for just $100 last November, according to Florida real estate records. The 62-year old executive, who could face civil lawsuits after overseeing the storied investment bank's collapse into Chapter 11 proceedings last September, transferred ownership of the 3.3 acres seaside home to Kathleen Fuld on November 10, records show. The couple had jointly bought the home for $13.75 million in March 2004, as first reported by Cityfile.com. Fuld has been blamed for Lehman's collapse on September 15 after it was weighed down by bad assets leading to the largest-ever U.S. bankruptcy when it was unable to find a buyer to come to its rescue. He was widely criticized for not acting quickly enough to save the 158-year old bank. Though Fuld told U.S. lawmakers he took full responsibility for his actions and felt "horrible about what has happened to the company," he insisted he shared the blame with U.S. regulators and Congress. Fuld, who was awarded $22 million in compensation in fiscal 2007, stepped down as Lehman chief executive at the end of last year and did not receive any bonus or severance when he left. ===================================================== These bastards all know what the end game is. They all know where it's going. And they all know that there's going to be one helluva lot of pissed off people, who after losing everything they have, will have nothing more to lose... and for whom a "claw back of bonuses and salary" will just be the beginning. SOTB