Dick Fulds letter to Warren Buffet

[simon1080]

Quote from wareco:

Mark McQueen, the submitter, states in his blog "I have no idea if it is real, but perhaps it should be if it isn’t. I was just having some fun".

http://www.wellingtonfund.com/blog/2008/07/17/from-the-desk-of-dick-fuld-lehman-brothers-ceo/

Even so .. that doesn't make the letter a "hoax"

Concidering the situation they are in.. I don't see why it couldn't be a real letter.

 

[nutmeg]

Quote from Pa(b)st Prime:

I agree. Fuld was head of Treasury trading in the firm's 80's heyday. I can't imagine him-given his gigantic ego-refering to his "Treasury team" as advising him on anything beyond what today's soup is.

Speaking of the 80's. I picked up a copy of "Greed and Glory on Wall Street: The Fall of the House of Lehman" at a used book sale. I am not quite finished with it BUT I do hope I finish the book before the "fall of Lehman" happens agains.

 

[ElCubano]

Quote from nutmeg:

Speaking of the 80's. I picked up a copy of "Greed and Glory on Wall Street: The Fall of the House of Lehman" at a used book sale. I am not quite finished with it BUT I do hope I finish the book before the "fall of Lehman" happens agains.

funny man

 

[Muddy Farmer]

Buffett won't read it. It's too long.

You must pitch an investment to him on one page or less.

If you can't do that, he walks.

 

[Cutten]

What a load of grovelling corporate hack gobbledegook - this has got to be a fake.

 

[regal_2012]

it was probably written by an employee scared of losing his/her high paying job.

then passed off to someone who put it on the Net.

 

[stock777]

Not only is is real, but there was a scented hankie enclosed with the letter.

Warren was touched.