Lehman Brothers CEO Attacked At Gym, Knocked Out Cold

October 6, 2008 · Filed Under Business News

Former Lehman CEO Richard Fuld was attacked and knocked out cold while on the treadmill the day after announcing that Lehman had gone bankrupt.

“From two very senior sources – one incredibly senior source – that he went to the gym after … Lehman was announced as going under. 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. And frankly after having watched this, I’d have done the same too.”

It’s about time these corporate thugs suffered some kind of punishment for running their companies into the ground at tax payer’s expense, then walking away with millions.

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Tags: fuld knocked out, lehman brothers, richard fuld, richard fuld attacked

Comments

26 Responses to “Lehman Brothers CEO Attacked At Gym, Knocked Out Cold”

Rahn on October 6th, 2008 4:42 pm

They should have knocked him out dead..
Jon on October 6th, 2008 5:04 pm

As long as no tax money is wasted investigating this non-crime.

We should probably start a pool for reward money for the guy that did this.
Chris Jones on October 6th, 2008 5:08 pm

Lol, I agree with both sentiments
Justin White on October 6th, 2008 7:12 pm

Agreed, they should have finished that bottom feeder off!

http://www.privacy.es.tc
Jules on October 6th, 2008 7:36 pm

now that’s a national hero. I wanna shake that persons hand.
Chris Jones on October 6th, 2008 8:34 pm

I agree with you Jules
Sung Choi on October 6th, 2008 9:06 pm

There should be some law that allows this. That’ll keep CEOs from being d-bags.
Edward on October 7th, 2008 4:28 am

Violence is never justified you vile people.
John B on October 7th, 2008 6:25 am

Not to be a troll Edward, but would you say that the violence in ending WWII was not justified? It’s an extreme example to be sure, but seriously that was a 700 Billion dollar punch. Normally I abhor taking the law into one’s own hands. But not one of these guys will ever see a single day in jail or give up one dollar of their money because “the law” was perverted to their aid, so they will say they made mistakes, but they did nothing illegal and of course morality was put in the trunk, let alone the backseat, somewhere around 2004 or so.
So yeah, that punch, and quite a few others, are more than justified.
MacDaddy357 on October 7th, 2008 7:10 am

If there were any real justice, these corporate leeches upon society would be dragged off to the gallows or the guillotine.
Jimmy on October 7th, 2008 8:09 am

This makes me very happy. It’s not a time to show restraint against these criminals. I hope that this sparks rage against those who made their fortunes by destroying the livelihood of decent people who lived within their means, saved their whole lives, and lost everything. I’ve never spent a dime that I didn’t have. I should not be expected to pay for the irresponsibility of others.
Edward on October 7th, 2008 9:02 am

Violence is justified in self defense, yes. That is not what this is.
Beryllium on October 7th, 2008 9:30 am

While I agree that violence is almost never justified, sometimes outright hilarity is.
M on October 7th, 2008 9:56 am

I wholeheartedly support this kind of action. The people need to have some kind of justice, even in small doses like this.
Jimmy on October 7th, 2008 10:00 am

Was the Iraq war a defensive act? One could argue that it was defense though deterrence. If you can justify the Iraq war as a defensive act, then you can justify punching a Lehman Brothers CEO as a defensive act through deterrence. But then again, you’re right. There is no justification for violent action. Why not discuss the trillions of dollars being wasted on the unjustified violence in Iraq. That will cost every single American man, woman, and child $35,000 per person. Hardly anything compared to the $2,000 per person share of the bailout. Do you have a spare $37,000 to hand over to the government? Will you over the course of your lifetime? In addition to the taxes that you are already required to pay?
Edward on October 7th, 2008 11:27 am

America has not fought a war in defense since the revolution. (Barbary pirates sort of qualify)
Rahn on October 7th, 2008 1:01 pm

Edward:
I think you work in a vacuum. In an ideal situation, there would be penalties for their actions. In this case, the CEOs *bought* legislation that allowed them to run crazy with everyone’s money. That same legislation allowed these same greed-driven people to escape *ALL* possible justice and walk away with millions!
In cases, like this, justice gets handed out a different way.

For curiosity’s sake, how would a pacifist like yourself accomplish justice in this context?

Specifically, when there is zero legal recourse, thanks to corrupt legislature.

Please stick to realistic options. “Bringing the senate to court” would obviously not happen, so lets hear your realistic, non-violent solution.
Edward on October 7th, 2008 2:16 pm

Well then you are getting into the question of why the current financial mess happened, and to hold those responsible who are. Unfortunately that involves a very large number of people, many of whom are now dead, and many of whom were probably unwitting too. The cause lies in central banking, fiat currency, and fractional reserve banking. This was the same for the great depression and the 70s, only this time the manifestation was in a different part of the economy. The reason the bubble occurred in the housing sector is probably best explained here:
http://myslu.stlawu.edu/~shorwitz/open_letter.htm

Even if this CEO was directly responsible in some way, rather than just behaving as business people should (chasing profit) within a flawed framework set up by the government, I still think advocating violence against him is disgusting and criminal.
Rahn on October 7th, 2008 2:57 pm

Edward:

Thanks for the non-answer, coupled with repeated patronizing of my position. You have now fully clarified your position by reasserting that violence is disgusting and criminal. That’s excellent, Ms. Palin, however you did not answer the question I asked.

I ask again that you provide a non-violent solution to justice in this case. Regardless of the cause, Mr. Fuld quite happily did his part in this and it was a large part because his was a major firm.

Whats your idea of non-disgusting, legal justice for this greediot and the other CEOs just like him?

Greediot:

A CEO operating within a flawed framework and *forced* to act rashly with huge sums of money due to the govt. apparently, holding a gun to his head, forcing him to sign risky deal after risky deal, since he obviously would never act that recklessly with other people’s money for huge cash bonuses had he been free to act responsibly and collect modest sums.
Chris Jones on October 7th, 2008 4:22 pm

Edward,

The unbelievable hubris of that jackass to exercise in the Lehman Brothers gym after he destroyed the company is the stuff of legends.

An ass kicking was the only appropriate course of action at that point.
Edward on October 7th, 2008 5:20 pm

No, the government didn’t force him, it simply manipulated incentives. Hence it was industry wide, not just him. Besides, the US economy has been in recession since 2001, with Federal Reserve inflation driven real estate the only place producing the illusion of wealth in the economy. It’s no f*cking surprise they were all caught with their pants down there.

Realistically, there is nothing you can do to prosecute this man unless he’s been proven to be commiting fraud or theft, which to my knowledge he hasn’t. Ideally, someone would bring a class action law suit for the trillions and trillions of dollars worth of damage caused over the last century by the unconstitutional Federal Reserve Act. That’s your problem, not some random ass guy who happened to be at the helm of some random ass investment bank when the shit hit the fan. Wake up.

I’m out.
Rahn on October 7th, 2008 9:07 pm

Edward:

The fact that you are arguing the following points simultaneously says all anyone needs to know about your point of view. Right Wing much?

a. The govt caused it by “manipulating incentives”
b. The looming real estate crisis was “no f*cking suprise”
c. The Federal Reserve Act started all this 100 years ago.
d. Fuld, having only been the CEO since 1993 just “happened to be at the helm” when the bank crashed , and is blameless.

Edward, I’d frankly be amazed if you could count your testicles and get the same answer twice.
Edward on October 8th, 2008 10:50 am

I’m a libertarian. And yes, doing theoretical physics makes me suck at maths.
Ashley on October 8th, 2008 12:05 pm

He totally deserves more than what was given to him. No honest man could do that to thousands and thousands of people and walk away thinking he was in the right. Regardless if he knew what was going to happen or not, no real man could do that and sleep at night.
Jeff on October 8th, 2008 9:20 pm

Edward: Thomas Paine. When laws exist only to safeguard criminals, the laws are criminal.

That anyone should think that a businessperson’s duty is to chase profits indicates the problem. Corporations– however the idea of them began– have become the antithesis of justice, and the banking system the antithesis of thrift, or fiduciary responsibility.

A businessperson’s duty should be to provide quality goods and services to customers, of such worth that the customers get more than they pay for in value. Thus the businessperson will make a good living. Bundling nearly worthless investments and selling them as AAA rated ones is nothing but fraud, whatever the arcane rules of the letter of the law called it.
Paul on October 9th, 2008 7:48 pm

The punch is sadly the only consequence this guy is going to receive for his behavior. Did his mom reward him when he brought home D’s rather than A’s in grade school. When did we start to reward people for lousy performance. Everyone on Lehman’s board of directors along with all the other corporations directors should line up for a punch.