Word: fuld
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Dates: during 2010-2019
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Lowenstein has a pitch-perfect sense of the Street's monumental recklessness. The chorus line of overpaid bad actors in this book is endless. Held out for particular scorn is Lehman CEO Richard Fuld, who has "the daring of a gambler who believes, deep down, that he will always be able to play the last card." Maybe he did, yet as the book impressively shows, Fuld lost...