The Traderszone Network

Published in TZ Latest News 29 May, 2015 by The TZ Newswire Staff

Unrepentant Lehman ex-CEO Fuld says firm ‘was not bankrupt’

Six years, seven months and 13 days after Lehman Brothers Holdings Inc filed for bankruptcy, its former chief executive, Richard Fuld Jr., is still insisting it did not go broke. “Lehman Brothers in 2008 was not a bankrupt company,” Fuld said at a conference in Manhattan on Thursday, his first such public appearance since the financial crisis for which Lehman’s massive Chapter 11 filing marked a tipping point.

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