Jefferies boss Richard Handler shares email sent to Lehman Brothers’ CEO on the day it collapsed—and the lessons it taught him
Sixteen years after Lehman Brothers’ collapse, Jefferies CEO Richard Handler shared the email he sent to the bank's former CEO, Richard "Dick" Fuld, on the day the firm filed for the largest bankruptcy in U.S. history.
In a series of Instagram posts, Handler revealed the exchange with Fuld, which occurred just before Lehman’s fall sent the global economy into a tailspin.
"I met you very briefly once, and although it is of absolutely no help to you right now, I want you to know...