CNBC has confirmed that Lehman Brothers CEO, Richard Fuld, was punched in the face by an employee at the office gym shortly after the company announced it was going bankrupt. CNBC and Vanity Fair contributor Vicki Ward said of the unrepentant Fuld, “He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold. And frankly after having watched this, I’d have done the same too.”
The “this” Ward refers to is his testimony before the House Oversight committee on October 6:
“I thought he was shameless,” Ward said. “I thought it was appalling. He blamed everyone. He blamed, as you say, ‘naked short sellers’ over and over in case we didn’t get the point, when in fact hedge funds like Harbinger had money locked up in Lehman and was shorting it to try and make the most of the money that they already had. He blamed everybody but himself.”
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