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Talk Stock Trading - Financial Market News

June 12th, 2008

Lehman gives CFO and COO walking papers

Another one two bite the dust…
In its latest move to show commitment to fixing financial woes, Lehman Brothers relieved two of its highest ranking executives of their duties.
In recent days, spectators have been calling for the resignation of CEO Richard Fuld after the company posted a $2.8 billion loss.  But, Mr. Fuld has escaped termination…at least for now.  Instead, Chief […]

By profsilver -- 1 comment