WEASELS

On a day President Obama called Wall Street bonuses “shameful”… it’s worth noting that the weasels who used to run Merrill Lynch and Lehman Brothers were back in the news this week.

Fuld

Fuld

Dick Fuld, who captained the good ship Lehman straight to hell, deeded his $13.7 million Florida mansion to his wife.  For $100.  Can’t imagine why.   (“Did you hear a car drive up?  Quick, shut off the lights and get under the bed!”)

Thain

Thain

And John Thain, booted from Bank of America last week, decided to defend his honor to CNBC’s Maria Bartiromo.  Not that there’s anything honorable about spending $1.2 million to redecorate your office.

Bartiromo:  “What was wrong with the office?  Why did you need to renovate Stan O’Neal’s office?”

Thain:  “Well, uhh, umm.  His office was very different than the general decor of Merrill’s offices.  It really would have been very difficult for me to use it in the form it was in.”

Oh. 

Weasels.

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About Gerry

I've been covering Connecticut news and sports since 1974. I know, I don't look that old.
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4 Responses to WEASELS

  1. Jay's Mom says:

    Yep, each day brings news of the layoffs du jour, yet these weasels, as you call them, continue to ignore their rolls in these current crises. Why? Because they “deserve” their perks? Because they are so much smarter than the rest of us, hence we can not possibly understand their strategy? Perhaps instead of redecorating their offices or rewarding themselves with the latest fancy flying machine, the Wall Street weasels should consider going back to school … to study the French Revolution.

  2. Dan McCarthy says:

    I still want to send a ‘thank you’ card to the guy who cold-cocked Fuld in that exercise room.

  3. Gerry says:

    And the sad part is they probably don’t think they’ve done anything wrong.

  4. Jim Milliard says:

    I hear that someone’s erecting a guillotine on Wall St and starting piping in music from ” les Mis “

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