No Laughing Matter
Sunday, September 14, 2008 - 8:15 pm
“Our board is a joke,” says one Lehman executive who asks not to be named.
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As recently as August, Fuld may have had a chance to sell a 25 percent stake in Lehman for $4 billion to $6 billion to state-run Korea Development Bank, but by some accounts he balked, saying the offer was too low, the Wall Street Journal has reported.
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"All good things come to an end"
Herbert Lehman (1878-1963)
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Where Was Lehman's Board?
Business Week
Lehman CEO Fuld's hubris contributed to meltdown
Reuters
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