Monday, January 26, 2009

More Fraud from Lehman

It must be wonderful to be rich and connected. You get to fly around in private jets, screw the little people, and commit fraud without repercussion. Richard Fuld, who ran Lehman Brothers into the ground, is one of these people. Last month, he transferred his $20 million Florida mansion to his wife...for $100. Fuld might be trying to avoid having his mansion liquidated to pay for the many civil judgements he'll accrue in the coming months. And we let this guy run an investment bank?

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