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Oh you mean this Richard S. Fuld?? Dumbass???? The same Assfuck said he was going to “kill the shorts”!!!
For $10, Fuld Sold Florida Mansion to His Wife
http://www.nytimes.com/2009/01/26/business/26fuld.html
The seller, according to county records, was Richard S. Fuld Jr., the former chairman and chief executive of Lehman Brothers. The buyer was his wife, Kathleen.
The motivation is unclear, but Mr. Fuld has been under intense scrutiny since Lehman declared bankruptcy in September.
The longtime leader of the brokerage firm is at the center of a federal investigation into whether Lehman executives misled investors about the state of the company. And he was grilled by lawmakers at a Congressional hearing in October.
Dave, Dave Dave you are toasty! I think you are suffering from Radiation Sickness. The collapse of the Mutant Asset Bubble will do that to you!
Here is the payoff!
It is possible that he is now transferring properties because of his fears of investor lawsuits or a possible bankruptcy, lawyers in Florida said.
“This is the oldest trick in the books†said Eric S. Ruff, a lawyer with Ruff & Cohen in Gainesville, Fla. “It’s common when you hear the feet of your creditors approaching to divest yourself.â€
Mr. Fuld has been accused by some of doing too little too late to save the firm. However, he has said publicly that the blame should be shared by regulators and that he took steps to try to save — or sell — the investment bank.
The What
Someday this war is gonna end…
What you missed this one…..bought in 2007 for $21MM and now offered at $32MM. ROTFLMMFAO
May 20 (Bloomberg) — Richard S. Fuld is trying to sell his
Park Avenue apartment at a 50 percent markup to the price he
paid two years ago.
Fuld, who presided over the collapse of Lehman Brothers
Holdings Inc. as its chief executive officer, put his full-floor unit at 640 Park Ave. on the market for $32 million, according to a person familiar with the matter. In 2007, he paid $21 million for it.
Fuld renovated most of the interior of the 11th floor
apartment since buying it, spending at least $255,000, according to city buildings department permits. He had the plumbing fixtures removed, replaced the windows, and did at least $100,000 worth of demolition to enlarge the kitchen, remodel the master bathroom and create a new laundry room, records show.
The 6,200 square foot unit (576 square meters) is being
marketed by Brown Harris Stevens
Dead Birds In Clinton Hill: Canaries in the RE “coal mine”.
Caveat Emptor!
***Bid half off peak comps***
Oooh…You could lob some yogurt through my window! I’m sticking to that because I’m so worn out that I honestly can’t really chew anything. Every inch of me hurts 🙁 Yogurt requires no chewing action 🙂
I got a few chinese “delivery boy” stories for you. LOL
Oh Drats, Snappy…you’ll be missed.
Should we come over after with some lunch, we can slip some soup under the door.
DIBS, any place that is “serious $$$”, I don’t visit – had enough of the “what’s the chinese delivery guy doing here?” look already in my current residence. I still occassionally get those looks now – from newbies too. as Rob would say grrrrrrrrrrrrrrrrrrrrrr
I can’t be a wingwoman this Saturday for the pub crawl, but I’ll lend the boys my plastic pumps and they can be used as a pick up tool:
[buy girl drink, hand her plastic pumps]
“How about I give you a pump?”
BRG, I can’t go 🙁 I was in bed all day yesterday (I think one of the little crumbsnatchers at the kiddie party this past weekend may have given me something.) I’m super weak and not feeling so great at all. I’m going to the doctor in the morning – here’s to hoping I don’t have swine flu!!!