Saturday, December 13, 2008

I'D THINK THESE MOTU WOULD BE HISTORY

Three CEOs who were ultimately responsible for dragging their repective firms into the Big ShitPile are STILL welcome in the financial community. Notice how they are called "victims" instead of "aiders and abettors."
Former Lehman chief weighs up comeback with advisory boutique
By Francesco Guerrera in New York
The Financial Times Limited 2008
Published: December 13 2008 02:00 Last updated: December 13 2008 02:00

Dick Fuld, former chief executive of Lehman Brothers, is planning a comeback and has told friends he might launch a small advisory firm to harness his contacts in US companies once the dust settles on Lehman's bankruptcy.

Two other high-profile victims of the credit crisis, Chuck Prince, Citigroup's former chief executive, and his hitherto counterpart at Merrill Lynch, Stanley O'Neal, have resurfaced.

Mr Prince joined Stonebridge International, a strategic consulting firm, as vice-chairman in September, while Mr O'Neal is believed to be considering an offer from Vision Capital Advisors, a small hedge fund and private equity group.

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