In years following the collapse, Fuld acknowledged the mistakes the bank made though he remained critical of the government for mandating that Lehman Brothers file for bankruptcy while bailing out others. In 2010, he told the Financial Crisis Inquiry Commission the bank had adequate capital reserves and a solid business at the time of its bankruptcy. 10 Richard Fuld. "Written Statement Of Richard S. Fuld, Jr. Before The Financial Crisis Inquiry Commission," Page 8.
Solid Dictionary Definitions from Oxford Languages · Learn more adjective 1. firm and stable in shape; not liquid or fluid. "the stream was frozen solid" Similar: hard rock-hard rigid firm solidified set frozen jellied congealed concrete Opposite: liquid gaseous 2. having three dimensions. "a solid figure with six plane faces" noun a substance or object that is solid rather than liquid or fluid.