heads Roll at Lehman Brothers

(via www.contrarianprofits.com)

This week saw Lehman Brothers replace two of its top executives: CFO Erin Callan and COO Joseph Gregor. The two will remain at the bank in lesser roles.

“As recently as a month ago,” says Justice Litle in Taipan Daily, “Erin Callan was on top of the world.”

The WSJ did a glowing piece on her rise through the ranks. Condé Nast’s Portfolio magazine dubbed her the most powerful woman on Wall Street.

harrytuttle on Mon, 2008-06-16 16:36
Title: about time

glad to see wall street's finally getting its house in order.