Richard S. Fuld, Jr.

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  • The Financial Meltdown Of 2008

    1676 Words  | 7 Pages

    Fulds goals were essentially to “overtake rivals” like Goldman or Merrill who had been in the game for a long time, using borrowed money was his solution to this. In 1994, right around when Dick Fulds was appointed CEO, Lehman shares were valued at $4/share, by 2007 at Lehman 's peak, shares were valued at a staggering $84/share. This massive growth was primarily attributed to Lehman’s

  • Time-Based Strategies and Practice

    6528 Words  | 27 Pages

    90 Long Range Planning, Vol. 26, No. 4, pp. 90 to 101, 1993 Printed in Great Britain 0 0024-6301/93 $6.00 + .OO 1993 Pergamon Press Ltd Time-Based Strategies and Practice Gary E. Spanner, Josh Pablo Nun”0 and Charu Chandva Theory As firms compete in a global environment, the need for integrating functions in organizations is being felt more than ever. Firms are realizing that to sustain long-term competitive advantages, business strategies have to be linked to functional strategies