Wednesday, 3 September 2014
Last updated 12 hours ago
Feb 24 2010 | 1:05pm ET
Erin Callan, the former Lehman Brothers CFO and Credit Suisse hedge fund chief, has retired from the securities industry.
Callan left Credit Suisse on Dec. 31, Fox Business reports. She joined the Swiss bank as head of its global hedge fund business in September 2008, but was forced to take a leave of absence just five months later amidst a federal investigation into Lehman’s collapse.
Callan was widely criticized for her role as Lehman’s finance chief in its declining months. She left the firm just before it filed for bankruptcy in September of 2008. Soon thereafter, federal prosecutors launched an investigation into whether Lehman’s top leadership misled investors about the firm’s financial health.
Before serving at Lehman’s CFO, Callon was head of its Global Hedge Fund Coverage group.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...