Monday, 20 October 2014
Last updated 2 days 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...