Violence Is Never The Answer!
Filed under: Business Blitz
Last month, we told you guys the troubling news that Lehman Brothers would seek bankruptcy protection after it failed to find a buyer to bail them out.
Well, it looks like Lehman Bros. CEO Richard S. Fuld, Jr. has some other serious problems of his own to deal with.
Fuld was recently attacked at the company gym, shortly after it was announced that the company was going bankrupt.
Craziness!
Fuld was on the treadmill when a man, who was lifting weights in the corner of the gym, came over and knocked him out.
At this moment, no further details about the attack are being released.
As for Lehman, he was before the U.S. House Oversight and Government Reform Committee on Monday for over two hours getting grilled on his "pay history, management practices and financial strategies."
The panel's chairman, Rep. Henry Waxman, told Fuld "You made all this money by taking risks with other people's money. The system worked for you, but it didn't seem to work for the rest of the country and the taxpayers, who now have to pay $700 billion to bail out our economy."
Ouch.
At least he didn't punch him!
Fuld he didn't admit to any errors or misjudgements in the time leading to the firm's bankruptcy. Though, he did say, "I take full responsibility for the decisions that I made and for the actions that I took."
Fuld received about $350 million in salary between 2000 and 2007, even while the company was headed for disaster.
And, to defend himself, all he said was, "We had a compensation committee that spent a tremendous amount of time making sure that the interests of the executives and the employees were aligned with shareholders."
We think shareholders want to get their banks full of millions, not the CEO's account!
[Image by Carrie Devorah via WENN.]



What an asshole!
Yeah, read about this the other day on FOXNEWS.com
The asshole is Fuld…he deserves to get his ass kicked after what he did.
Violence is never the answer…but sometimes it is just less wrong than others, no?
Violence IS the answer…this asshole should be spitting teeth.
lol he's just really dumb he should wear a bulletproof shirt
holy fuck 350mil is not joke.
He shoulda finished the job and shoved a barbell up his ass.
For 350 million dollars, you can push me off a treadmill too.
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There is much evidence that these crooks are in bed with the current Administration, and everyone around the world is laughing at Americans for denying that.
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Violence is an answer. That is what my country (and life) has taught me. ANd the honest truth is violence can be an answer. Is it always an effective answer? That can be debated. In the classroom, we teach our kids if someone hits you do not hit them back. Is that even human nature to not fight back? How can we teach our kids better when our messages of "terrorists!" "kill Obama!" lies, and hypocrisy are what our top officials practice. Look at our culture and government… violence is an answer! And Hell, I would have knocked dude out too… (his response reminds me of one of Mccain's answers once upon a time)
Hey Perez,
I always love your comments and do think that Fuld is a throughly reprehensible person, but please be aware that Fuld is Jewish and often Jews have been depicted as having Horns as part of the Anti-Semitic pantheon of racist Jewish cliches. I'm sure this wasn't your intention. Perhaps an evil mustache would work? Thanks for your sensitivity.
After looking at this guys face. Was it really necessary to draw the horns and the goatee?
Sheesh what a creep.
Hey Shimmy, WTF are you smoking? Jesus - now we can't put horns on pictures? Man, this political correctness shit is driving me crazy! This motherfucker is an asshole who took advantage of his position to make more money than his sorry Jew ass will spend in 10 lifetimes! If this mofo was a Catholic, I'd call him a fucking Catholic. If he was a Muslim, I'd call him a fucking Muslim You think this piece of shit cares what you think about him being Jewish? You are out of your fucking mind!
I say that guy should have beat the ever-living dog shit outta him! What a bastard - he's partly to blame for the state of our economy. Who's gonna bail my ass out when I go bankrupt having to pay all these taxes??? While he sits there on his piles of money, looking down at the little people. He should be sentenced to one ass-beating per day for the rest of his life.
PEREZ, GIVE IT UP. YOU ARE SO LOST! this is an economic issue. Not HOLLYWOOD! OMG I"M watching the debate. Fucking dumbass Obama is stuttering. Do you thing we will see this made fun of on MTV, SNL? NO~! It's healing to have a semi-black prez! MY gawd Hello CARTER! CARTer IS BACK! OBAMA will agree with any and everyone! GAWD Help us all this is no joke. Barak favors so many things that McCane does. You are right bumbling Obama, you have a lot in common with McSame (as your followers type) GAWD HELP US ALL! Obama got a lot more time to talk. WOW
i'm not good at math, but that's $50 million a year, right? O.M.G.!!!!! Maybe he could've bailed out his own bank! lmao
its the DEVIL MAN! RUN FOR YOUR LIVES!!
And McCain wants to give this crook a 700,000 tax cut!
Obama/Biden and the other Dems in your local elections
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The richest 400 Americans — just four hundred people — own MORE than the bottom 150 million Americans combined. 400 rich Americans have got more stashed away than half the entire country! Their combined net worth is $1.6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly $700 billion. And they just got another $700 billion in the bailout. We have a $9.5 trillion debt. Why did we give these robber barons any more of our money? We need to come together and in 2012 elect a PRESIDENT that isn't paid for by THESE SAME CORPORATIONS!!! Quit fighting and start thinking to solve the REAL PROBLEMS.
Re: prettybaby – And, you a have a P.H.D in what? Shut up!!!
He is lucky he wasn't shot, he and the others should have to give portion of the funds they collected back!Just today it was released several execs from a particular reciepiant of the bailout package just all headed to a resort, for manis and pedis…this is where my hard earned money was allocated…I sure would enjoy a mani and pedi - oh wait I forgot I can no longer afford such luxeries.
the entire congress is in the pocket of these banking institutions. the man that beat him up probably just learned that day that his inlaws were moving in with him after their retirement fund in lehman bros. was now worth $5. It is time to have term limits on the whole congress-it should be a privilege to serve your state and not be a career path for those who will do anything to have power. It is time to take washington away from the lawyers and others that have no idea what middle class means. unfortunately, I don't think we would find enough people crazy enough to be in d.c. think it is also time to have a 3rd major party. Both the democrats and republicans have much of the blame of putting the country in this position. it can be called the 'sickofallthebs' party. Ok, who wants to be head of the party?
Glad some men still have a set of balls. Good job dude - what's he gonna do - sue you? HA! It's all fuckity fucked up our there - how much money do you need as a person? Nice to also read AIG sent executives on a $440,000 retreat to ST. Fucking REGIS - $23,380 worth of spa treatments for AIG employees??? — even as the company tapped into an $85 billion loan from the government –thousands of dollars spent on catered banquets, golf outings and visits to the resort's spa and salon - what the FUCK?
This guy had it coming. How disgustin $350 million. No one should be getting that amount of money. That is ridiculous. This is the kind of shit that is going on in our country. Isn't it nice that the rest of us get to pay our taxes to bail these companies out, these companies who are handing out multimillion dollar bonuses to these a$$holes! AIG execs got grilled abou the same thing. They were spending money on lavish retreats as our government was bailing these a$$holes out! Sickening!
this guy should never show his face in public. what a disgrace.
Yeah, he's such a cronie. He was so uncomfortable during that hearing, it was great! They should have his head for the millions he took home while his company employees and shareholders were left with nada!
Re: prettybaby –
Me, as a German, KNOW this! Hope the US citizens finally will REALIZE it as well till 2012….
"…The richest 400 Americans — just four hundred people — own MORE than the bottom 150 million Americans combined. 400 rich Americans have got more stashed away than half the entire country! Their combined net worth is $1.6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly $700 billion. And they just got another $700 billion in the bailout. We have a $9.5 trillion debt. Why did we give these robber barons any more of our money? We need to come together and in 2012 elect a PRESIDENT that isn't paid for by THESE SAME CORPORATIONS…"
But isn t Fuld EXACTLY that type of man, wreckless, greedy and above all RICH and WEALTHY and high-ranking in social and career status, that you Americans, up to now at least, have always have ADMIRED SO MUCH?!?!?!?!
Compared to us silly Europeans, I mean, who always used to have some OTHER values as well in life than just piling up money, consuming on credit, and bragging about the size of our houses as - to my experience - a lot of Americans always do! (or at least DID in the past…)
Just saying….I hope you finally WAKE UP about what 8 years of Republican SLEAZE between Rep Politicians such as the Cheney-Bush family clan and top level corporate managers and bankers have finally BROUGHT YOU: You normal US people need 3 jobs to make a living whereas this scum of managers gets TAX evasions made EASIER every year and are not paying any taxes at all to a large extrent! And how they ROBBED your country and PROFITED(!) financially from the Bush wars in Iraq, Afghanistan a.s.o.!
QUOTE: "…The richest 400 Americans ….During the eight years of the Bush Administration, their wealth has increased by nearly $700 billion. And they just got another $700 billion in the bailout…"
Good! He deserves to be beaten. Fat-cat pig. He gets rich even though he destroyed the company, while the regular guy gets screwed. It's about time we took back control of our country.
Oh, don't forget the 500M in bonuses from 2000 - 04
All of those bastard CEO's need to get their asses kicked on a daily basis. The guy that knocked Fuld out should get some sort of award or something. Can someone please go beat the living shit out of Barney Frank!!!!!
THIS GUY IS THE anti christ
This clown and others like him should be charged with theft.
The rich fat cat's profit, while others lose their jobs and homes.
Lock the bastard up!
He deserves more than a punch in the face, how about a little jail time and posession of all his assets?
People like this man disgust me. I hope he gets what's coming to him!
So while I don't think its right for big CEO's to be getting all of this money while the states economy suffers badly, I ALSO don't think it's right for us as a society to complain about them (the CEO's), when we sings the praises of celebrity's and their bank accounts. The money that celebrities make is just as bad as the CEO's, so why sing THEIR praises and not others? Very hypocritical, in my opinion.
Poetic justice.
Why why why are these CEO's making this much money???
He deserved a punch in the nose. Now how about the guys at AIG going to spa the day after they got the bailout.
If this was revolutionary France, we'd be beheading these guys!!!
I want to start a fan club for the dude that leveled him
These guys should all have their bank accounts frozen and seized by the US government! We did it to Saddam Hussein and other terrorists and terrorist organizations. Why not to these guys? They are thieves and hooligans. I'm glad this guy got punched out. He deserves worse!
ofcourse….hate to say it folks, but ubless he did anything illegal, he is unfortunately in the clear. greed is not a crime, and if he did it with a screw the little guy i am gonna make millions attitude he may be lower than a water buffalo's ass hair morally, legally hes fine….really the guy in gym should have sodomized the fucker with a 45lb free weight side ways imo…
BWAHAHAHAHAHAHA!!!!!!!!!!