NEW YORK (TheStreet) -- Thursday was a day of deja vu in the finance world, from the return of Dick Fuld -- who didn't want to talk about his tenure as CEO of Lehman Brothers -- to yet another executive moving from Goldman Sachs (GS) to a government post.
How long does it take for a disgraced CEO to re-enter the public eye? Approximately seven years. Dick Fuld, the former CEO of the defunct investment bank Lehman Brothers made a rare public appearance at the Marcum MicroCap Conference on Thursday.
Though he addressed his time at Lehman and the bank's demise in the financial crisis of 2008, Fuld's purpose was to lobby on behalf of small companies without access to credit who represent "the belly of America."
While Fuld's remarks were widely circulated on Twitter, Bloomberg reported that few of the conference attendees knew who Dick Fuld was.
"Asked about Fuld, several attendees said they didn't know who he is. Vincent Genovese, chief executive officer of NAC Global Technologies (NACG), said the name didn't ring a bell, then pulled out one of his company's 'harmonic gears' to demonstrate the technology," Bloomberg reported.
But don't feel sorry for Fuld: He told the crowd that his 96-year-old mother still loves him.
If there's one thing to know when following the banking industry, it's that there are many moving parts.
Last week, Citigroup (C) was fined over $1 billion for it's role in rigging the euro-dollar exchange rate. On Wednesday, Euromoney Institutional Investor reported that Citigroup is the largest bank by volume in foreign-exchange trading. On Thursday, Citigroup CEO Michael Corbat told a group at Bernstein's 31st Annual Strategic Decisions Conference that trading volume had slowed since the first quarter.