Lehman’s Fuld Sold Florida Mansion To Wife For $100–Reuters headline
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(Reporting by Yinka Adegoke)
Sun Jan 25, 2009 7:59pm EST
NEW YORK (Reuters) - Fallen Lehman Brothers Chief Executive Richard Fuld sold his $13.3 million mansion to his wife for just $100 last November, according to Florida real estate records.
The 62-year old executive, who could face civil lawsuits after overseeing the storied investment bank’s collapse into Chapter 11 proceedings last September, transferred ownership of the 3.3 acres seaside home to Kathleen Fuld on November 10, records show.
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New York Times
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