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In a parallel universe, no doubt, another Mr Fuld might have made a serious effort to sell Lehman.

Suppose further that Richard Fuld, the firm's chief executive officer, was one of the perps.

Hintz said he is confident the company has enough capital or that Fuld "would be selling his office furniture on eBay if he had to. "

Mr. Fuld's comment that he wasn't aware of the repo transactions was seized on by lawmakers who pressed Mr. Valukas about the matter.

The verdict on Mr Fuld, that he was driven not by greed but by "an overpowering desire to preserve the firm he loved" , seems too gentle.

Maybe, as a former Goldman Sachs chief executive, he did let his prejudice against Fuld get the better of him.

Staff at Lehman stuck pins in a picture of him, along with their reviled boss, Richard Fuld.

Analysts yesterday said it was not clear whether the moves by Lehman would be enough to relieve the pressure on Dick Fuld, chief executive.

Mr Fuld was one of a number of witnesses testifying in a Senate hearing room on Capitol Hill.

Henry Waxman, chairman of the House Oversight Committee, questioning Lehman Brothers CEO Richard Fuld over the bank's.

Unless Dick Fuld, Lehman's boss, can right the ship pronto, that temptation might be hard to resist.

A former bond trader known as "the Gorilla" , Fuld had been with Lehman for decades and steered it through tough times.

She writes that a lawyer for Dick Fuld, the Lehman chief executive, would not permit him to speak to her.

Ms Ward's account is engaging enough, though it suffers from the fact that both Mr Fuld and Mr Gregory refused to co-operate with her.

"They are getting rid of the risk positions and keeping the company together because Dick Fuld knows his franchise is good, " Hintz said.

Dick Fuld, chief executive, said he was "very disappointed" with the results.

That left Lehman without anyone in a position to challenge Fuld and Gregory on the risks they were taking, particularly in real estate.

The already pummelled shares of Lehman Brothers, led by the pugnacious Dick Fuld, lost more than half their value in two days.

In September 2008 the final head of Lehman, Dick Fuld, had no such alternatives as he waited for destruction to close in.

Mr Fuld liked his staff, especially his executives, to be married and faithful and clothed in a suit and tie.

By blaming the short sellers, Mr Fuld echoed the testimony of a fellow victim of the credit crisis earlier this year.

"I don't expect you to feel sorry for me, " Mr Fuld testified in front of Congress last October.

Fuld encouraged risk-taking and Lehman was still investing heavily in property at the top of the market.

Mr Fuld did not attend the March 28 meeting because he had other calls to make.

When presented with the internal June 8 memo on Capitol Hill last week, Mr Fuld said: "This document does not look familiar to me. "

Mr. Paulson, by then, had become frustrated with what he perceived as Mr. Fuld's foot-dragging.

"And frankly after having watched [Mr Fuld's testimony to the committee], I'd have done the same too. "

"I expect everyone at the firm to be a risk manager, " Mr Fuld declared.

Fuld also is one of the most respected and popular bankers on Wall Street.

"We remain committed to examining all strategic alternatives to maximize shareholder value, " Fuld said on a conference call.

Joe Gregory, Mr Fuld's deputy, was criticised by some colleagues for reinforcing rather reining in his leader's excesses.

One year on from the fall of Lehman Brothers, the face of Dick Fuld, former chief executive, has been back on our television screens.

On October 6, Richard Fuld testified before congressmen about the collapse of his bank, Lehman Brothers.

As Richard Fuld, Lehman Brothers chairman and chief executive, put it: "Nothing stuns me, nothing surprises me these days. "

LIFE must seem terribly unfair right now for Dick Fuld, who headed Lehman Brothers when it filed for bankruptcy last month.

In a sign of the times, many of the financial elite present at past sessions won't be coming this year. Richard Fuld Jr.

By contrast, Lehman's Mr Fuld talked of "protecting mother" but was drawn to the glister of leveraged deals.

Mr. Fuld wanted to know whether Mr. Buffett would inject about $4 billion into the investment bank to stanch losses.

Facing a grilling on Capitol Hill, he was asked whether it was fair that he earned $500m over eight years.

Fuld looks healthy and, at least when I met him, he wasn't living large.

Mr. Fuld managed to persuade Mr. Black to settle for $3 billion right away, leaving the prior $5 billion request unresolved.

It's even become a place for former Lehman CEO Richard Fuld to informally hang his hat.

Lehman Brothers went down with Richard Fuld, but the estimated $480m he was paid while in charge continues to rankle.

Dick Fuld was afraid to find out because he knew that at 10 cents, Lehman likely was bankrupt anyway.

A person who answered the phone at Legend said no one at the firm would comment on Mr. Fuld.

It expresses the anger that many former Lehman employees still feel toward Mr Fuld.

Then Gregory and some of Pettit's oldest friends conspired with Fuld to push Pettit out instead.

Mr Fuld sponsored a room of Rothkos and other works in the Museum of Modern Art shortly before Lehman Brothers went under.

In recent months, Lehman CEO Dick Fuld and Merrill CEO John Thain had both said they could weather the storm.

Former Lehman Chief Executive Richard Fuld is also due to appear.

'I can't help but compare Dick Fuld [the Lehman boss] and John Thain of Merrill Lynch.

Others such as Richard Fuld, the former head of Lehman Brothers, also appear to have escaped prosecution.

Mr. Fuld, I salute your own employee who knocked you out cold in your own gym.

Others are portrayed less flatteringly, such as the publicity-seeking Chris Dodd, a key lawmaker, and Dick Fuld, Lehman's delusional boss.

Mr McDade also recalled that he had recommended to Mr Fuld that the use of Repo 105 be curbed.

Was letting Mr Fuld's firm fail Mr Paulson's big mistake?

Hungary is a gao fuld country, so the first go to the visa will require bought a high amount of insurance, about 3 million euros or so.

The executive said that Mr Fuld asked him: "Is it doable? Is it necessary? If so . . . go do it, " according to the report.

If all else fails, Fuld left open the option of selling the company.

In total, Mr Fuld stands to earn more than $50m for last year when cash bonus and other payments are disclosed next year.