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Dick Fuld Escapes Punishment

Report: Lehman head was not KO’d at gym.

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Last week, we brought you the juicy rumor (as reported on CNBC) that Dick Fuld, the CEO of Lehman Brothers, had been punched out in the company gym. New York magazine’s Steve Fishman reopened the case and reports that the story, however tantalizing, is false. “It’s a matter of fact that [Fuld] has not visited the club since the bankruptcy,” the club’s general manager tells Fishman. “We’re not even open on Sundays.” (The events were alleged to have happened on Sunday, Sept. 2). We’ll go with Fishman’s story and note, for the meantime, that Fuld has gotten off easy.

Read it at New York

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