Fuld says being "dumped on" for Lehman failure

Reuters has an exclusive interview with Richard Fuld of Lehman Brothers fame:

The former CEO has been named in nearly 40 different legal actions since Lehman went bankrupt, most of which were filed by cities and pension funds that claim he and other Lehman executives led them into making bad investments.

More than a dozen suits were filed by former employees of the firm who claim that Lehman's executives allowed imprudent investments in the firm's stock for employee savings plans.

Fuld is also one of a dozen Lehman executives subpoenaed for three different grand jury probes charged with investigating Lehman's collapse. He declined to comment on the state of those investigations.

You'll want to read the whole article.