I’m confused about the current litigation against Richard Fuld and the belief by some that he sold his house to his wife for 100$ to make sure it couldn’t be touched in a lawsuit. It doesn’t make sense for people to believe this man’s personal assets should be seized simply because the company he was running (Lehman Brothers) went under. His poor management costs those shareholders billions of dollars, was probably partly responsible for the current problems we see in the financial sector, and may have been fraud, (Though so many other institutions were engaging in the same behavior this seems unlikely). But, none of these things should impact Fuld’s personal assets.

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