A decade after presiding over the collapse of Lehman Brothers Holdings Inc., Dick Fuld is still working on the second act of a Wall Street career that many predicted had also expired in September 2008. But as the anniversary of Lehman’s demise nears, friends and former colleagues say that Fuld’s mind is on what happened during Lehman’s final days, the Wall Street Journal reported. Fuld still occasionally seethes over the government’s refusal to rescue Lehman as it had many other financial firms under duress, though he believes time — and a recent book on the firm’s collapse — has helped prove that Lehman should’ve been saved. The firm he once ran exists only as a shrinking knot of assets and legal disputes with creditors and counterparties. But there are signs that Lehman, the largest bankruptcy in U.S. history, is getting closer to winding down: The estate that manages Lehman’s assets has resolved all but $4.1 billion of the $1.2 trillion in claims brought against it since the filing. (Subscription required.)
