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Disgraced Lehman CEO Fired

Face of the financial crisis 'terminated,' will stay on board of directors

By Peter Fearon,  Newser Staff

Posted Nov 6, 2008 3:13 AM CST

(Newser) – Lehman Brothers boss Richard Fuld, who led the giant 158-year-old Wall Street brokerage firm into bankruptcy, has been abruptly terminated. The 62-year-old Fuld, who earned $484 million from Lehman over the last eight years, won't receive a bonus or severance payments, but will keep his...   Read full story »

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