Sunday, December 14, 2008

Dick Fuld Plans Investment Advisory Firm?

Dick Fuld, the former chief executive of Lehman Brothers, is planning a
comeback and has told friends he might launch a small advisory firm to
harness his contacts in US companies once the dust settles on
Lehman’s bankruptcy, according to an article in Financial Times.

The man certainly has the contacts to get introductions to clients, but will clients have the confidence in his management skills they will need to make the investment? Many feel that Fuld was unfairly blamed for the demise of Lehman, as we discussed earlier in Is Dick Fuld a Villian?

Time will tell
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