Richard Fuld tried to wheedle money out of Warren Buffet 24 hours before Lehmans collapsed.

I like this story on the above topic told by “J.Hughes” in the comments here. The story goes thus.
 
“Mr. Buffett tells a great story about Lehman Brothers. He was travelling in Canada, incognito, when, to his surprise, he got a phone call from Fuld while he was at his hotel. He was surprised that Lehman's CEO tracked him down but took the call.

He was less surprised when Fuld asked for money. He asked him to summarize the situation in a fax and send it to his hotel. When he returned later that evening there was no fax. He went to bed and found out the next day that that Lehman had declared bankruptcy.

About six months later his daughter was using his ancient flip cell and informed him there was an old message on it. It was Fuld asking for the number of the fax where he could be reached.

When asked if Lehman would have survived if he had gotten the message Mr. Buffett stated that he had reviewed their financials six months prior and concluded there was nothing to be done. He asked for the fax out of politeness.

If Mr. Buffett could see what was obvious six months in advance it is because he uses common sense and is leery of "geeks bearing charts".

It probably explains why he is not involved with GE.”