I think he deserves all the money he can get. He looks like a very likable fellow and a warm-hearted father, and I'm sure his salary doesn't quite cover his food expenses, because he has a big family and you know how children eat so much when they're growing up...

Doesn't change the fact that my dad lost his entire retirement fund from the lehman bankruptcy.

@v3n481

3 жыл бұрын

Zero amount was insured?

@jakelamotta7904

3 жыл бұрын

What an idiot lol

@Red-Hood

2 жыл бұрын

@@jakelamotta7904 damn

@mob9900

2 жыл бұрын

@@jakelamotta7904 jesus ...

@lesliedawidowicz8933

2 жыл бұрын

Same

Fulds' whole attitude seems to be "I got my $483M, and the hell with everyone else"

The biggest crooks really do wear a suit and tie.

@billwang8502

6 жыл бұрын

Juan Bonilla nope

@clobbyhops

6 жыл бұрын

They also wear a robe and sit on the judge seat

@zroman123

6 жыл бұрын

Juan Bonilla you are wearing a Suit And Tie on your Profile Pic 😂😂😂

@wedeldylan

4 жыл бұрын

Yeah, the politicians

@ryanjones9498

4 жыл бұрын

Without men like him we would be living in grass huts and shitting in the woods

The taxpayers paid these guy's bonus. How come we get no say?

Did you expect him to be honest, without ego and tell the truth? Like, yeah, it's not fair. I'm just insanely greedy. ME ME ME is all there is, and screw everyone else.

Pure Greed!

This guy is a crook. He got the money but he has no ethics, no honour and no respect for the people he stole. He should be in jail.

in one year made 106 million. that is nearly 300k a day lol

@Renegade30

3 жыл бұрын

Damn I would retire after a week!

@rusitoexplorador

3 жыл бұрын

@@Renegade30 that is why you will never make 300k a day haha

The only statement I care to make about ""The Protocols of the Elders of Zion"" is that they fit in with what is going on now. - Henry Ford

power corrupts and absolute power corupts absolutely

the level of greed with these people is terrifying.

You pay a guy a billion dollars who ends up driving the company into the ground. This is called capitalism. :/

@treythomas7647

2 жыл бұрын

Crony capitalism

Congressman Henry Waxman who was present at the questioning of Richard Fuld was also at the testimony of Jefferey Skilling, former CEO of Enron. Same story, took millions in bonuses while everyone else suffered. Now we have Monte Di Paschi, Deutsche Bank, Credit Suisse with massive derivative and liquidity issues. Not to mention the too big to fail banks are bigger than ever. Fun times coming in 2017...

I don't like to lay the blame on one person... where was the regulators when all the mess started... that is the real rooot of the problem... the regulators

My faith can only be restored in the US system when the outrageous criminals who participated in this white collar fraud are finally taken to court, had their money clawed back and returned to the honest investors, and the criminals locked up. So far, not a single criminal has been taken to court. What is going on in the US? Why is there no class action? Where are the good people of the US? Do they exist or have they all disappeared?

For a guy who is completely missing his Pre-Frontal Lobes, Fuld The Slant was still smart enough to create plans to swipe all that money for himself. His brainpower must have relied extraordinarily heavily on his brainstem.

That dude is freaking cold and greedy bastard!!!

that reporter Abbey is drop dead gorgeous...I'm in love lol

@rodidy

6 жыл бұрын

Too bad she is shit at her sensationalist job.

@vince8520

5 жыл бұрын

Thats why she is the go to girl for ambushing asshole like Full

@fitnesspoint2006

3 жыл бұрын

Its all make-up and glitter. Lmao.

@arfenmalik1717

3 жыл бұрын

@@rodidy well stated... she is just doing a sensationalist job... journalists like her are worse than dictators because they know they have a very big audience and just after clout

That's a stupid amount of money

Think he needs more money. Not enough.

enough with the politics...she's HOT! I want to see more of Abbie...WOWWW

@jthunter5090

3 жыл бұрын

Not as hot as u daddy

@alexm566

3 жыл бұрын

she should do OnlyFans 😯

This is the example of crappy reporters. "Is it greed?" or "how do you rationalize that when the rest of the country is trembling" what kind of dumb question is that? Regardless of what people may think of this man, those were pretty disrespectful questions. I am sure no person would answer that question. Those questions reflect extremely simplistic thinking on who's at fault for the economy collapsing in 2007-2008.

@AL-qe7xn

6 жыл бұрын

CommanderOtto this is the dumbest thing I have ever heard who would fucking take 100 million dollars as a salary knowing his company was bankrupt he is buying all this art crap and multiple homes on the backs of the American middle class

@Finians_Mancave

6 жыл бұрын

+CommanderOtto Disrespectful? OMG, that is unbelievable. So by your reasoning, because the recession wasn't totally this guy's fault, his company can declare bankruptcy, layoff thousands of workers, get a government bailout -- and as CEO he should still get millions in bonuses because he meant well? He's already made hundreds of millions of dollars and is still getting his normal salary! Am I the only one who thinks that bonuses should be tied to profitable performance? Under the circumstances he should be grateful he's still getting a salary!

@shadmansudipto7287

6 жыл бұрын

White Tara he has Playlists, not everyone uploads videos. Btw how do you know his website address?

@arfenmalik1717

5 жыл бұрын

That blondy reporter was looking to make name for herself. Even worse she works for CNN

@KevinJohnson-cv2no

5 жыл бұрын

@Almighty God George Soros #420 #GetRekd "Morally bankrupt" Oh geeze, here come the moral high-ground losers. Don't try it Anakin! I have the moral high-ground!

hey leave him alone he is a simple man and need that little money to get by his modest living

Connecticut mansion without any graveyard.....

Did anyone notice how his eyes changed? they almost went dark, when he processed the questions being asked of him.

In America corruption is legal.

We have to organize and use our power.

he had his own lift built so that he didn't have to share any space with any of his employees... he didn't say sorry... not once...

@joecurran2811

2 жыл бұрын

I didn't realise that. Probably wasn't good, cut him off from the real world of hia employees.

America needs to get really mad about this. I feel like they haven't gotten mad enough. They got SCREWED over so baddd!!!! Common America, get mad!

@JustAnotherNamelessGuy

4 жыл бұрын

i know this comment is 7 yr old and all but we still haven't gotten mad enough since.

Did you notice Dow was just 10k, today its 35k

And a guy that robs a chicken gets 20 years in jail

How this forgotten.

Legal embezzlement!!

satan himself in the flesh

They should have put him in jail.

@W4rku5 you are absolutely right.

Well he was paid mostly in stock. At peak they were worth a billion. But he only ended up with 56k after bankruptcy....

@sirtimatbob

3 жыл бұрын

Hahahaha. If u believe that man ended up with nothing

@joecurran2811

2 жыл бұрын

Not convinced by that he had lots of retail estate and art.

Not ALL systems are flawed. One works but that is the last one we will be compelled to adopt when we have nearly destroyed each other throgh greed. If we and our leaders think it is ok to spend more on weapons of killing each other than education and health then we are nowhere near there. It will get much much worse before it gets better.

These guys don't get it until they're sitting in a tumbrel on their way to the Place de la Concorde - as they should be!

Gotta admit some of the ceos of banks have outrageous salaries but congresspeople aren’t saints either. They get shitloads too.

@Mesaaaaaaaa

3 жыл бұрын

Senator salary is 174k a year. Lol at "shitloads". They also mostly have to maintain a living place in their home district and in DC, so it doesnt go as far as you might think. The issue is all the "extracurriculars" they might get up to to supplement that income.

"How do you rationalize spending millions on homes/art/cars, etc when the country is in turmoil?" What sort of BS question is that? So, to use that analogy, someone who is making, let's say, $100k a year should feel bad about going out & buying a nice car, clothes, etc, because there are poor people out there who are in turmoil? Point being: If someone is making millions of dollars per year, they're not going to be buying up $300k homes & artwork from Ikea! (:

@kc8639

8 жыл бұрын

+Google spies on you - I don't think that was the point of the question. It was the subtle notion as to how he could be the CEO from 2001-2007 (peak mortgage bubble time-frame) knowing full well what he was doing was going to collapse the system one day, and then has the audacity to imply he deserves that kind of cash to just blow on whatever when he's now responsible for ruining the lives of millions globally. Granted, he does have that right to buy whatever he wants. It's just to point out how money hungry and insane people like him are - Not to mention dangerous. It isn't fair to put what he makes on just his salary alone against someone even making a million a year.

@law_violator

3 жыл бұрын

he didn’t make that money off his salary, he got a bonus check after winning a bet against the housing market that made millions lose their homes

@TiburonFXT

3 жыл бұрын

@@law_violator is that true?? It was a bet??

@GladiatorGT Omg, I didn't know there was a person that thinks like me on youtube. I bow to you

they should not have saved any of those banks, not just make a scapegoat out of one of them

half a billion bonus ? WOT THE ACTUAL F**K

Why these people never go to jail?

In the year he earned $106,000,000, he was on over $290,000 per day. That's $201 per minute.

the real thieves.

Zero empathy , zero morals.

Starting as an intern, 42 years of service, I had some sympathy for him and then they showed the mansions.

@sebastiancalla4160

3 жыл бұрын

Same feeling bro

That reporter has balls

Regulation has increased overall. Some regulations (glass stegal for ex.) were repealed, but many more put up in its place. EVERYTHING in finance is regulated. There is no free market in finance. Most ppl in your camp maintain that glass stegal would have prevented the crisis. Not true, many other countries that also had a crisis seperate banking and investment banking. The problem is that a housing+credit bubble was blown up by the govt. Wall st was stupid, but govt poisened the system first

Fuld did not lose his fortune when Lehamn went under.

he's not a criminal

And here we are 11 years later.... humanity is FUCKED!

500 mill dollars!!!!! jesus!

1.12 Im sorry so sorry Xveteran is the owner hes going to somewhere to investigate why our investors get betrayd in Europe.

when you have all those millions given to you......your morals, shame and decency all goes away just like anybody....

@scoobydoo3322

5 жыл бұрын

Touché

No one was executed over this. Not even a jail time.

Corporate America in a nutshell.

Who cares what the banker has to say that abby is smoking hot!

Actually, they did break several laws.. Perjury for one, when the signed their Sarbanes-Oxley certifications. The Justice Dept just ignored this. These people are above the law.

Sometimes I wish not for the mass shootings to cease, but the shooters to pick more appropriate targets.

the john gotti of wal street

Did he even want Lehman Brothers? Why do some "executives" get giant bonuses but, need to lay off hundreds of employees?

"He wanted it to be better than it was by making too over-the-top decisions." That sounds kind of greedy to me. He made some stupidly risky decisions and greed is what makes people to do that.

It's a wall Street government so

At least he paid taxes on that money.... oh wait...

so that was the minimum wage Lehman's top management

blaming Fuld is just a huge copout

Will Emerson explains this whole mess. Check it out

CEO of fraudulent company, allows it to go bankrupt and walks out the back door with 50m dollars. Should be in jail.

@DH-br9kq

8 жыл бұрын

*500 mill....

@HuevoDuro702

7 жыл бұрын

In iceland the banksters went to jail

not to defend dude but do we really think his $500m wouldve just saved the bank? thats peanuts compared to their debt

@nathan87

3 жыл бұрын

He should be paid for the hours he works, and nothing more. Hourly wage, same as everybody else. He's nothing special, one cog in the machine.

Evil Richman with its magic Pen

What is exactly the other way around?

In “Occupying Chairlifts” a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! Here’s a fair way to transition forward to where we’re rewarded for cooperating and creating instead of competing and conquering. It's something specific we can demand. If this isnt the best answer, at least we’re thinking about what might be. Are we really just this close to having it work right? Oh yeah, it's a Ski movie! “Occupying Chairlifts” on KZread!

Holy shit I wanna be like THAT GUY! Filthy fucking rich. Making over a couple million a week for 7 years will set you up! God damn.

Not all of it, jsut what he had in the company's stock. But that is really irrelevant.

pour americans? pour them what, a drink?

Dick Fuld built something magnificent, and when you get big, you want to get bigger, so he took too many risks to get bigger results. He lived more for his company, not for money. He wasn't the only one working there, all the senior management went mad with money (Gregory and his private chopper - come on).

Your time is over, and you leave with nothing. That's what I should say to this guy.

1) Banks dont set interest rates. If you dont like the rate complain to the Fed and petition for a free market in interest rates. 2) Rich busines owners dont get tax $, they are the ones who pay millions in taxes! Most tax money goes to welfare programs and defense spending. What govt service are u upset about being privatized?

These goofs (CEO's) actually believe they are so much more intelligent and business savvy than everyone else. Truth is.....they kissed the right behinds at the right time and were GIVEN these huge paying jobs. There are millions of people who have produced and earned huge results for their companies and were never rewarded anywhere near these self-absorbed leeches.

Greed Crazed Clown = WINS

....."but, but..... how can I expect my family and me to live on only $100 million a year?....we'd be on the streets!".... Are you fucking kidding me?

I like the guy

He got 500 million in 2008? How?

Everyone was trashing this guy who got away with 500 million dollars, but my question is. . . why isn`t anyone going after the crooks who got way with tens or even hundreds of billions of dollars? In comparison, the money that this guy made off with is chump change to the money that the real banking crooks got away with - he is nothing but a scapegoat for TV screens.

he is living in hell, counting his money forever

Lastly, it doesnt surprise me that credit card rates are high. The industry is hugely regulated and competition is banned by the govt. There are only a few companies competing and due to govt there are not any more. If u wanted to setup a credit card co. u couldnt, because the govt wouldnt give u a license. That is why rates are so high. There is no free market in banking, and certainly not in the credit card market either!

i like this guy. i want to make the type of money that he has made!

@rc9597

4 жыл бұрын

Then be shamed when the market goes down?

@GladiatorGT -- smart enough? he ran lehman into the ground

I just think he was delusional. He built the company, why would he destroy it because of greed? I think he believed in it very much, greed isn't the case. He wanted it to be better than it was by making too over-the-top decisions.

@joecurran2811

2 жыл бұрын

I think he was desperate to be the top dog in his sector of banking. Rumour is he was jealous of Goldman Sachs and this caused him to ignore warning signs even when he was told them.

Earning 106M dollars? He is not earning SHIT! It should be called for what it is. In one year alone he stole 106M dollars

@billwang8502

6 жыл бұрын

King of Kings and Lord of Lords nope

He's lovely. When does this type of persons, who have obviously psychopathic pathology, will go in jail, or psychiatric hospitals, instead of becoming masters of the biggest companies in the world ? The world will go better, i'm sure. :)

Smart guy 👌

i think he is a bit greedy

@deerheart87

5 жыл бұрын

Understatement

Did this guy go to prison, like Koslowski, Enron execs, Madoff and the others? Or does he get to live in one of his mansions? Just curious.

It's not my problem or yours. The shareholders can vote on his pay and sell their stock if they dont like the CEOs compensation. It's not something for the government or the popular media to get involved in. I suspect his pay was in line with other CEO pay during those years. There is a market for talent and he was paid a market price. Btw the price for CEOs has come down a lot since those days. To answer what stops him from making $50B? The shareholders do! Them, and the board.

Explain how he does it? How does Steve Jobs, another super rich, profit off your labor. And dont say something ridiculous like 'they exploit the employees'.