The first anniversary of the Lehman Bros collapse is coming up. Reuters checked in with the guy who made it all possible.
The man vilified for the collapse of Lehman Brothers (LEHMQ.PK) almost a year ago, a failure that triggered the global economic crisis, seemed burdened but not crushed by the pressure of the upcoming anniversary.
....
But it was forced to file the biggest bankruptcy in U.S. history after it choked under the weight of souring assets and lost investor confidence, and as the U.S. government and Federal Reserve failed to find a buyer and decided not to come up with a rescue package.
Fuld was then humiliated before a Congressional panel last October as stock markets spiraled downwards. He was told by one politician that he was the designated "villain" of the day and screamed at by protesters who called for him to be jailed.
Since then, he has mostly ducked the spotlight, allowing an image of greed, arrogance and failure to cling unchallenged to his name.http://www.reuters.com/article/ousivMolt/idUSTRE5864CH20090907?sp=true:nopity: :nopity: