It is hard to know what to feel about the public stringing-up of Dick Fuld. Watching his grilling by Henry Waxman and his grandstanding Congressional committee felt like sitting in a seat in the Coliseum watching the latest meeting of the Christians and the lions. While not sympathizing with someone who has clearly done wrong, publicly humiliating the man and blaming him for the state of the world doesn’t quite sit right either.
Fuld was a hard-nosed man who dragged himself up the Wall Street ranks by taking risks.
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