Because some people need to be knocked out
Do you know this man? His name is Dick Fuld, who saw Lehman Brothers crash like Courtney Love driving a tractor-trailer. The Telegraph reports an anecdote that Fuld went to the company gym after it was announced that Lehman was going under.
Following rumours that the incident had occurred, Vicki Ward, a US journalist, said "two very senior sources - one incredibly senior source" had confirmed it to her. "He went to the gym after ... Lehman was announced as going under," she told CNBC. "He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold."
(AP Photo/Susan Walsh)
Hat Tip: Many thanks, Shultz!




Eeeeeevilll!!! Greedy S.O.B.!
Posted by: jeano | Wednesday, October 08, 2008 at 12:37 PM
Jeano: Did you see the part where he corrected the committee? He didn't make $480 million -- it was ONLY $300 million.
Posted by: James Hart | Wednesday, October 08, 2008 at 12:46 PM
He was recently a guest on Weekend Update.
Posted by: Jellybean | Wednesday, October 08, 2008 at 01:32 PM
Still not enough punishment...
Posted by: Truth Teller | Wednesday, October 08, 2008 at 01:47 PM
There's a few CEO's I would love to punch out myself! The government gives $700 billion dollars of our hard-earned money to bail them out and how do the AIG, company executives spend it? Less than a week later, they could be found wining and dining at one of the most exclusive resorts in the nation. The $440,000 resort trip included $13,000 worth of spa treatments, catered banquets and golf outings.
Yet I watch helplessly as my 401K and stocks plummet each day. I’ve lost hundreds of dollars this week alone. I’m beyond pissed!
Posted by: Ni | Wednesday, October 08, 2008 at 02:12 PM
James... I have heard that there is a video of this knockout somewhere, but with my blocked video status here at work, I can't locate it.
Posted by: You're a Mean Drunk R2D2™ | Wednesday, October 08, 2008 at 02:19 PM
Funny how all this was timed just before the election and long after the primaries. I wonder how people would have felt about third party candidates if this had happened a year ago, since (I feel) that both parties are largely to blame for this mess.
Posted by: | Wednesday, October 08, 2008 at 03:57 PM
Being punched was pretty gentle considering how I feel as a tax payer. I feel RAPED by these people. I feel even more disgust at the senators and representatives who voted for this crap.
Posted by: | Thursday, October 09, 2008 at 01:08 AM