Maybe If Dick Fuld Spent As Much Time Working On His Right Hook As He Did Worrying About Earnings, We Wouldn't Be Having This Discussion

dickfuld.jpgAmong the many facticles proffered in Charlie Gasparino’s profile of Lehman CEO Dick Fuld in the latest Trader Monthly, two stand out from the pack—the one about the purchase-of-a-lion-that-wasn’t and the other, about keeping it real at kid’s hockey game, via getting into a fistfight with another father. These anecdotes not only entertain but are instructive in Gasparino’s tale of a man who not only “loves to brag about his aggressiveness” but also is not a pussy. In the greater scheme of things, they also reflect Fuld’s reign at Lehman Brothers and the patterns of isosceles triangles present in the Vitruvian Man but we won’t dirty our hands with that right now (later, though, for sure).

The first is short yet virile: Fuld once declared (no doubt while beating his chest) that he desired to buy a lion after returning from an African safari. Alas, it was not to be: “I knew I couldn’t do that, because those animals eat people,” he told Gasparino.

The second is this: Dick was at his son’s hockey game, with a fellow Lehman executive. An argument with the colleague and a father from the other team ensued—it’s unclear over what, perhaps someone had been cut off by someone else in the parking lot—when Fuld “flashed his famous temper—the one that has made him one of the most intimidating men on Wall Street and earned him the nickname “Gorilla” from his subordinates.” But apparently Fuld’s moves weren’t what they used to be—or maybe hockey fathers are stiffer competition than first year analysts who couldn’t win a fight with their waitress at Lotus—and after a few weak punches, the fracas was broken up. Though Fuld claims to have “had the guy flipped over,” everything that we’ve heard seems to imply that it was the Brother(s) who was on his back. We’ll also refer you to the fact that Dick Fuld is a self-described championship squash player. No other evidence seems necessary.

Point is: Fuld doesn’t exactly strike us as the kind you’d want to have watching your back, if the situation called for it (though, true or false, that picture of him scares the crap out of you?). He's good at making money, we guess, but held back a bit during the rink-side match. But there are going to be times when you will need to call for backup, and in that event, who would you want said backup to be?


Comments

Posted by Zbignew, Apr 12, 2007 1:24PM

One write in vote for Patricia Dunn. If she couldn't finish things with one of her viper-quick throat jabs, she could call in three of her anonymous, James Bond Villain-style thugs to take care of business.

Posted by , Apr 12, 2007 1:31PM

Chuck Prince all the way. Never get into a fight who somebody who has nothing to lose.

Posted by , Apr 12, 2007 1:44PM

tiger claw kindler

Posted by anonymouse, Apr 12, 2007 2:01PM

I vote Anon 1:31 for Comment of the Week!

Posted by , Apr 12, 2007 2:46PM

am I the only one having serious trouble reading the black on navy poll choices? Maybe it's a firefox thing.

Posted by Chase Morgan, Apr 12, 2007 2:59PM

Can't believe the results so far. Jamie Dimon all the way. Didn't you see his Fortune cover? He stood in for Stallone for all the fight scenes in the latest "Rocky".

Posted by trader joe, Apr 12, 2007 3:11PM

Is Carney still on crutches? If so, my money is on Mack. In not, I'm very long Carney. He's half the age of the rest of these guys and has no regard for his own well-being. Carney!

Posted by bizwriter, Apr 12, 2007 3:15PM

wasn't anyone paying attention when stan systematically eliminated everyone in his path — and even those who helped him along the path — to the ceo's chair at merrill? i think he's the toughest sob of the bunch, hands down.

there's also a story about fuld growling "eat shit and die" to some defenseless hiker in the grand canyon -- from a profile a couple of years ago in ii, i think.

Posted by , Apr 12, 2007 3:19PM

carney may be half these guys' ages but his liver is 4 times as old.

Posted by John Carney, Apr 12, 2007 3:27PM

Does that count for me or against me?

Posted by BSD, Apr 12, 2007 3:37PM

Come on people, Mack the Knife is the biggest mofo on the Street. Didn't anyone else read FIASCO?

Posted by , Apr 12, 2007 3:49PM

Love the site, but you guys need to ditch the color scheme on the polls. Black text on blue background is nearly impossible to read by those of us who work for cheap companies that make their employees use old and busted CRT monitors.

Posted by John Carney, Apr 12, 2007 3:53PM

Agreed on color scheme. This is the last dark-color-and-black type poll. From now on expect lots of white on black text for the polls.

Post Your Comment