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Fuld excelled, and in 1982 his divisions generated record profits.
Shearson/American Express acquired Lehman Brothers in 1984; six years later Shearson Lehman Brothers split its operations into a Shearson retail division and a Lehman Brothers Investing banking/trading division.
A Tribute to Chief Judge Charles S. Desmond, 36 Buff L Rev 6 (1987).
Auletta, Ken, Greed and Glory on Wall Street: The Fall of the House of Lehman , New York, N.Y.: Warner Books, 1987.
Tribute, 43 Rutgers L Rev 505 (1990-91) (in honor of Edward J. Bloustein).
After the 1990 operations split, Fuld became co-CEO of the Lehman Brothers division, sharing the title with J. Tomilson Hill.
Fuld, who was named chairman in April 1994, made substantial human-resources changes after his company broke free from American Express.
After the company finally reclaimed its independence in 1994—having been spun off from American Express 10 years after it was first acquired by the firm—infighting abounded.
After regaining its independence, Lehman raised its return on equity to nearly 14 percent in 1996, from the low of 3 percent reached just after the firm was spun off from American Express.
As reported by Investment Dealers' Digest , in addressing analysts at a 1997 meeting Fuld said, "The process of building our high-margin businesses and shifting our overall business mix takes time.
Feinberg, New York’s Court of Appeals and Stanley H. Fuld: An Appreciation, 48 Syracuse L Rev 1477 (1998).
Lehman at least outperformed the industry; Fuld's reward was a 2001 compensation package worth $105 million, making him the fourth-highest-paid chief executive in the United States.
The Historical Society of the New York Courts was founded in 2002 by then New York State Chief Judge Judith S. Kaye.
Judge Fuld died on July 22, 2003.
Kaye, Tribute to Judge Fuld, 104 Colum L Rev 270 (2004).
In 2004 Lehman Brothers acquired Neuberger Berman in a deal valued at $2.63 billion.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| GLOBAL BUSINESS SERVICES LIMITED | 2003 | $9.0M | 50 | 7 |
| Retail Planning | - | $4.9M | 31 | - |
| AtSite Solutions | 1993 | $1.6M | 17 | - |
| Greater Pacific Ind | 1995 | $20.7M | 20 | - |
| Business Innovation Factory | 2004 | $5.0M | 31 | - |
| Bridge Partners | 2007 | $9.9M | 50 | - |
| KJ International Job Opportunities | 1994 | $4.7M | 75 | - |
| New York City Economic Development | 1991 | $380,000 | 50 | 67 |
| AlixPartners | 1981 | $330.0M | 2,000 | 42 |
| FTI Consulting | 1982 | $3.7B | 6,200 | 164 |
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Fuld may also be known as or be related to Fuld, Fuld & Co., Inc., Fuld & Company Inc, Fuld & Company, Inc., Fuld + Company and Fuld Company.