CEO Richard Fuld got $483,800,000 to Bankrupt Leheman

[666phalanx]

What I would like to know is out of all of these wall street CEOs, how many come into their positions and actually anti up with their own personal wealth and buy stock - Id say almost none, they accumulate the stock through options, so when they say they own a stake its not a stakethat they personally put up originally - It is amazing that after this there has been absolutely nothing done by Congress to alleviate this issue in the future, CEOs need to put up 50-75% of personal assets before.

[breAshley4]

Lol, the title of this video doesn't exactly get it right.

[KV4671]

This Richard Fuld should be put against the wall.

[SovereignStatesman]

Why is everyone so surprised?

America is a CORPORATE OLIGARCHY.

[lesatseaside]

-and at the end of this kangaroo court... no one was prosecuted, and the crooks who bankrupted their companies all kept their money.

[DutchJizz]

The movie Inside Job made it clear that the US system is corrupt leading to this financial meltdown. Investment banks not stopped by the regulators from selling intoxicated products (CDO's or CDS's), Rating agencies rating these products AAA (so pension funds bought them as safe investment) which was clearly overrated, the FED allowing banks a leverage of up to 33 times the money that they really possessed, politicians taking 5 billion USD annually in lobbying money from the financial sector.

[Gonzoidzz]

@DutchJizz

And the FED is owned by Goldman Sachs and the other Jew criminals in NY. Obama is another creature of these Mafia. There is no option for the voter except Wall Street Mafia control and more billion dollar payouts to criminals.

[RonnyUniverse]

If u listen to the emplolyees he ran that company like a dictator and refused to speak casually to anyone. If you went up 60 floors in an elevator with him you were made not to talk to him and he sure as hell wasn't talking to them

[RonnyUniverse]

The title to this video implys that he chose chapter 11 bankruptcy and got 500M of kickbacks for folding the company. The money was earned from the early 2000's to 2008. That being said this guy is one of the most evil people I've ever seen. Watch the Fall of Lehman brothers on You Tube. This guy was grunting trying to psyce himself up for an important notice about the company.

[dalecampbl9]

why is DICK FULD still alive while the rest of us are on economic life support??!?!?!??!!? WHY!?!?!?!

[rickcain2320]

Congressmen manage a budget of over 3.7 trillion dollars, yet they don't have multimillion dollar salaries and bonuses.

For companies to claim that such huge salaries is required is ludicrous. The problem is that a board of directors is made up of CEO's of other companies...the ultimate conflict of interest.

[arseneremy]

Fuld won the lottery every year. He's a "winner."

[dalecampbl9]

@arseneremy more importantly, he's your quintessential job creator

[SovereignStatesman]

@dalecampbl9

More like Obama's.

[STEPSONCLAPPER]

you win some you lose some

[walchseewinkl20]

Richy is a symbol of this system offered to the world as a model of superiority.However, it's nothing else than a well organized fraud It is the real Trojan Horse. There is a song on youtube: Peter Martell "Master of Greed" that shows the outcome of this game in a nice video.

[morklind]

..and guess what.. this piece of shit slime is back in a job

[crosbyyacht]

So he loses when he gambles hundreds of millions of other people's money, the company goes bankrupt, the ecomony begins to crash, but he still pays himself a half billion. Now I can understand why people protest on Wall Street. He deserves to be in prison, yet he doesn't see a problem with anything he's done.

[moistfaucet]

engineering build bridge and financier build dreams. this is American dream. don't blame anyone. you are making fun of yourself.

[guyNbluejeans]

Richard Fuld is hardly alone. There are thousands of greedy scumbag CEOs all over the country that are pocketing way, waaay more money than they deserve while shafting the common folks that do the actual grunt work that created the success. This evil crap needs to be addressed by any means necessary!

[mongolkid69]

@guyNbluejeans what shafting...you do grunt work that an 8 yr old could do, you get compensated for the level of effort needed to do that..if you're good you'll be paid. most people THINK they're good, but in reality they're shit. you prolly think you're good too

[guyNbluejeans]

@mongolkid69 Okay, let's look at it your way. What makes the Fulds of the world worth the money they get from the current system when all they're doing is rolling the dice with money that's not theirs? Cannot an 8 year old do the same?

[guyNbluejeans]

@guyNbluejeans "What does it profit a man that he should gain the whole world but lose his very soul?" -- Jesus Christ

[starbury64]

@guyNbluejeans I second that quote 100%. In this society people want it all but want to exploit others. This has to stop one day

[burtonchalmersnumb1]

@guyNbluejeans Violence is the key

[guyNbluejeans]

@burtonchalmersnumb1 I don't like to admit it, but I think you're right. When these mini gods start hearing that a few of their (greedy) kind had their jaws broken and a few teeth kicked out of their heads, maybe then they'll come to their senses and realize that the universe doesn't rotate around their asses!

Common folks need to stop being so polite to these CEOs that are using their fellow board cronies to screw them over with all these insane bonuses they vote for each other. Fight back!!

[SovereignStatesman]

@burtonchalmersnumb1

There's no need, each state is a sovereign nation under INTERNATIONAL LAW.

This fact has simply been suppressed for 150 years since the oligarchs mounted a coup through Lincoln..

We just need to assert the FACT of our states' respective sovereignty.

[optionsupdate]

@guyNbluejeans also he gave his massive trading losses to the public.

[guyNbluejeans]

@option Tell me about it. I've was thrown out of the company I'd worked for for 18 years this past April due to a new CEO having come in when the economic rumblings began. After she was there for a paltry 6 months, her fellow board cronies decided to vote her $6.4-million, though she did nothing to EARN the dough! She in turn recouped the $ by having a "study" done that showed HUNDREDS of us were being overpaid! I'm now at the point where I have to put my stuff in storage & live in the streets!

[SovereignStatesman]

@guyNbluejeans

That's inevitable under a corporate oligarchy where the banks and major corporations get all the handouts and subsidies, and only they can afford the staff to handle all the massive regulations.

As long as the fed has absolute power, it will be absolutely corrupt.

[Cadrin92x]

@guyNbluejeans okay lets start right now, ideas anyone? im serious anybody have ANY ideas? what can we do?

[isilark]

does not matter if it's fair or not ,, he is just another jewish financier who has no business ethic.

[iwantsexbaby666]

haha der hat alle über den Tisch gezogen xD

nice

[flirtwd]

44 to 1 leverage was what Lehman Bros was doing. Insane!

[EyeTheOf]

FUCK THIS BLONDE!

[tradergirljam]

i wonder to this day if fuck.ah pardon me fuld realize his role on lehman

[bwsvaldivieso]

what the fuck!, you cut it just when he was to give an answer and put the stupid blonde?

[Kamikaze239]

@bwsvaldivieso

He did answer the question, look at 3:53 and further: however, he does not give an answer you might expect, I ought to say that he walks around it a ~bit~ but what would you expect: he's an ex-CEO and has to save his face, mate!