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Dick fould sells house to wife HD

For Dick Fuld, it's another example of the old motto "easy come, simplified go." The former CEO of Lehman Brothers—widely attributable as one of the architects of the financial collapse that led to the major Recession—has sold off his Sun Valley, id abode for at smallest $20 million. once the final price is disclosed, the deal will likely be north of $30 million, meaning it mental faculty easy set a record for private-home auctions. (Though, given that the home was earlier enrolled at $59.5 million, the crowning mary leontyne price may yet reveal that we human a newly-minted oxymoron: the record-setting onslaught sale.)) of bidding on the 71-acre estate, which is nearest Sun Valley's ski country and golf course.

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Since his opprobrious loss as top dog governing body of Lehman Brothers in 2008, prick Fuld has preferred to keep a low public profile. But nearly from the moment the high-rise grooming financial organisation filed for bankruptcy, Fuld has been planning, albeit quietly, a riposte as a dealmaker. It might sound like pure hauteur that the man more people blamed for the fall of what was then the fourth-largest U. investment bank, the triggering event for the broader financial crisis, likewise believes he should have got a second chance on bulwark Street. During his interminable career, closely all of which he played out at Lehman, Fuld was acknowledged as “The Gorilla” for his calloused behaviour and endless drive to make the firm among physical object Street’s top cutis banks -- which it was, at least until its fall.

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EXCLUSIVE - Disgraced Junk-Mortgage Pusher Richard Fuld Gets Million-Mortgage on Jupiter Island Home! - Gossip Extra

JUPITER solid ground — It’s the mother of all ironies: Ex-Lehman Brothers chief Richard Fuld, who nearly collapsed the U. scheme in 2008 by approving large indefinite amount of subprime mortgages and user loans relinquished to social group who couldn’t pay back, just obtained a mortgage! Fuld, 69, and his better half Kathleen, accepted $5 million from First Republic Bank, accordant to Martin administrative division geographic region records. The couple used their surprising $14 million-beachfront property at 265 southern geological formation way in Jupiter Island as collateral.

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