Ex-Lehman CEO keeps low profile as bankruptcy anniversary looms

Updated

Richard Fuld knows all too well that he's the poster boy for the meltdown that hit Wall Street a year ago. As chairman and chief executive at Lehman Bros., he faced bitter criticism and rancor last fall for his seeming arrogance and negligence regarding the storied investment bank's exposure to bad mortgage debt, eventually leading to the firm's bankruptcy a year ago.

Despite the villainy ascribed to him, Fuld, 63, isn't flinching in the face of the anniversary of Lehman's collapse on September 15, according to a Reuters report. Tracked down last week in Ketchum, Idaho, Fuld said, "I've been pummeled, I've been dumped on, and it's all going to happen again. I can handle it. You know what, let them line up."

Advertisement