Who is: Richard Fuld?
Quoted from https://en.wikipedia.org/wiki/Richard_S._Fuld_Jr.:
Richard "Dick" Severin Fuld Jr. (born April 26, 1946) is an American banker best known as the final Chairman and Chief Executive Officer of Lehman Brothers. Fuld had held this position since the firm's 1994 spinoff from American Express until 2008. Lehman Brothers filed for bankruptcy protection under Chapter 11 on September 15, 2008,[5] and subsequently announced a sale of major operations to parties including Barclays Bank and Nomura Securities.Fuld was nicknamed the "Gorilla" on Wall Street for his competitiveness.[6] Condé Nast Portfolio ranked Fuld number one on their Worst American CEOs of All Time list, stating he was "belligerent and unrepentant".[7] Fuld was also named in Time magazine's list of "25 People to Blame for the Financial Crisis".[8]
See the story of how Lehman Brothers crashed here:
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In my eyes Lehman Brothers was set up, a culprit had to be found to normalize the market, the smallest of the guilty was put in line and fired.
While I am again bracing for the new thunder and lightning to strike down on the markets, I am also trying to find the guilty culprit this time. Who will it be? Bitcoin? You see, the exploding cryptocapitalisation is not coming from your neighbours buying a few STEEM, or the aunt that you gave a paper wallet with USD 10,-- of BTC on it. No, the big boys got in, big big big boys and they are pumping heroin into the crypto market.
As I told you, I have been on the stock market for 30 years now, that means I have 4 crashes behind myself. Each one hurt, except the last one. The coming crash is going to be painful. It's underway. Gold and WTI have deviated considerably. You can observe a lot of alternative asset allocation already taking place now. Tulipmania all over again.
Now that you may want to argue, I would like to direct you to the following link: http://www.coindesk.com/bitcoin-venture-capital/
Big boys? You know what happens now... and you had better have respect. Every single dollar you own has been generated with hard work. Look after it. Look into history, it will tell you what is going to happen in the future.
Please comment your thoughts below - highly appreciated. We need to be able to anticipate what is going to happen.
Your good friend - Jegor Orlow
A great publication @dioneaguiar