Kathleen Fuld: Shopping in Secret

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In the late 1990s I worked a post funeral buffet for a teacher of Dick Fuld. Fuld personally asked the wait staff if there was anything they needed, if all was ok with the job, and was unfailingly courteous, something conspicuously absent from many of the new York elite.
His wife was similarly courteous and kind, chatting with the waitstaff and getting her boys to help us out by collecting empty glasses and plates. After the gig they thanked us all individually and asked if we needed transport back to the city.
In 7 years on the cater waiter circuit in NY, they are the couple that stand out head and shoulders above almost any other people whose functions I worked at, primarily for their ordinariness and humility. This is my experience of Dick and Kathleen Fuld.

Rich 4:32PM May 28, 2011

I know for first hand that this story is a lie. It is created by some small person who wanted to feel larger by making up something about famous person to get attention and feel important. I am amazed how much publicity such untrue story created.

First hand of NY 1:42AM February 02, 2009

Dick and his staff also proved to be arrogant and... wrong when they thought it was the right time to double the firm's exposure to subprime assets whilst the whole Street was running away from it. Too bad nobody helped LB to survive, I guess one of these banks had to pay. At the end of the day the boss is responsible for his mistakes. He knew the risk, he ignored it, he did not take the decisions he should have taken, i.e. selling all or part of the business right on time. No regrets, no compassion for him. However, his wife can spend what she wants where she wants, it's their business, not mine, and I just don't care. I however do care about the tough times we've been through since 9/15 thanks to this guy and the old crew beside him who all thought they were smarter than the market.
J'ai dit.

David of NV 6:07PM January 07, 2009

Richard Fuld not only worked for Lehman bros. for over forty years, but he also invested his own money in the company, which shows he had good faith in Lehman bros. and is made the scapegoat because of the world market collapsing.
Although a very rich man, he lost most of his wealth with the demise of Lehman Bros.
He is Not a crook and is unfortunately a victim of the financial turmoil that most of the world is suffering from.

jack halford 7:08PM December 19, 2008

I believe that if they earned it, they should be able to spend it as they please. You have to remember that Richard Fuld worked for Lehman Bros for 42 years. He had turned around the company twice before. Probably could have done it again, had he had received the necessary injection from the Treasury Dept.
So why does the media have to make the Fuld's look like bad villans.

Joe of CA 10:42PM December 18, 2008