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Unrepentant Fuld blames Washington for Lehman collapse and global crisis

Dick Fuld, the chief executive who presided over the implosion of Lehman Brothers, used his first voluntary public appearance since its collapse in 2008 to blame the US government for fuelling the financial crisis and ordering the closure of his investment bank.

“Wow, I haven’t done this for a while,” said Mr Fuld. “This is my first public event since ’08. I don’t include my wonderful time with Congress,” he added referring to his post-crisis grillings on Capitol Hill.

Mr Fuld, who was known in his Wall St pomp as the Gorilla because of his aggressive attitude, chose a relatively low-profile venue for his public comeback — the Marcum Microcap conference where small companies were looking for investors.

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