Where next for Andrew Gowers, the former PR man for Lehman Brothers (deceased) and the humiliated BP, who it was revealed last weekend is to leave the oil major? Allied Irish?
Showing posts with label Lehman Brothers. Show all posts
Showing posts with label Lehman Brothers. Show all posts
Thursday, 25 November 2010
Monday, 2 November 2009
Who's the Fuld?
The closing down sale of the Lehman Brothers art collection is providing plenty of opportunity to paint former boss Dick Fuld as a great art lover. But is he really such a polymath?
In the mid-1980s, when City firm L Messel was being acquired by the fast expanding investment bank, the young(er) Fuld was parachuted into London and put in charge of the European expansion.
Execs at Messel advised their new ambitious boss that if he was serious about achieving his aggressive plans, then they really needed to open a Frankfurt office.
"No way," he fired back earnestly. "We're never going behind the Iron Curtain!"
In the mid-1980s, when City firm L Messel was being acquired by the fast expanding investment bank, the young(er) Fuld was parachuted into London and put in charge of the European expansion.
Execs at Messel advised their new ambitious boss that if he was serious about achieving his aggressive plans, then they really needed to open a Frankfurt office.
"No way," he fired back earnestly. "We're never going behind the Iron Curtain!"
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