Shocker: Erin Callan To Leave Pity Post At Lehman

...And join Credit Suisse, where Brady Dougan promises to take full responsibility for his mistakes. At the marginally more successful, slightly less tax-evading Swiss bank in town, Callan will serve as Managing Director and head of its Global Hedge Fund Business, a position created specially for well-heeled woman. Callan's new gig starts on September 2, which also happens to be someone's birthday, so hopefully she'll be down for a joint celebration. Interestingly enough, when asked by Erin Burnett about the appointment, Jim Cramer chose to say nothing, which has never happened before. Make of that what you will.

Earlier: CFO Erin Callan, COO Joseph Gregory Out At Lehman Brothers

Comments

1

Posted by guest , Jul 15, 2008 2:39PM

Word is that Brady Dougan likes them extra-cougary.

2

Posted by guest , Jul 15, 2008 2:40PM

Too long, didn't read.

3

Posted by beentheredonethat , Jul 15, 2008 2:46PM

Not worth a shit until they announce DICK fuld has withdrawn.

4

Posted by guest , Jul 15, 2008 2:48PM

Clearly this was a "pity" hire. This newly created position at CS looks alot like an old favor she called in.

Not many "newly created positions" being created at CS these days other than the temps hired to help pack boxes.

5

Posted by Anal_yst , Jul 15, 2008 2:50PM

NEWS STORY FOR N. 6134 (Source: DJ)
14:48 07/15 PRESS RELEASE: Erin Callan Joins Credit Suisse as Head of Hedge Fund

6

Posted by Anal_yst , Jul 15, 2008 2:51PM

...business...In this newly
created position, Ms. Callan will join the Investment Bank Management Committee
and the Global Client Steering Committee. Her appointment is effective
September 2, 2008 and she will be based in New York.

7

Posted by guest , Jul 15, 2008 2:52PM

What a joke!!

8

Posted by guest , Jul 15, 2008 2:52PM

WTF, Why would Credit Suisse want her?

9

Posted by guest , Jul 15, 2008 2:53PM

@ analyst--...you posted that b/c why?

10

Posted by guest , Jul 15, 2008 2:54PM

WTF, Why would Credit Suisse want her?

11

Posted by guest , Jul 15, 2008 2:56PM

dealbook beats you guys on this one.

http://dealbook.blogs.nytimes.com/2008/07/15/lehmans-callan-jumps-to-credit-suisse/

12

Posted by Anal_yst , Jul 15, 2008 2:57PM

@ 2:53, because when this story was 1st posted on DB it was not included, hoss. Post has been updated subsuently.

13

Posted by guest , Jul 15, 2008 2:57PM

that's interesting Dealbook editor, b/c Dealbreaker posted this at 2:35, Dealbook at 2:40. You keep fighting the good fight, though!

14

Posted by guest , Jul 15, 2008 2:59PM

Yet another female appointment at CSFB. Pretty soon they'll have to change the name to incorporate Greek letters...

15

Posted by guest , Jul 15, 2008 3:01PM

BL,

Do you have a position on The Shocker?

16

Posted by guest , Jul 15, 2008 3:01PM

I'd hit it. Thrice.

17

Posted by guest , Jul 15, 2008 3:08PM

@3:01

Oh I would fuck her, but I don't think CS should have hired her

18

Posted by girl , Jul 15, 2008 3:10PM

Don't flatter yourselves, most of you would fuck anything with 2 legs, and only require a brief moment's consideration for a girl with only 1 of them...

19

Posted by guest , Jul 15, 2008 3:11PM

Cannot wait to see the new picture of her at CS.

20

Posted by guest , Jul 15, 2008 3:12PM

@girl - how much consideration if no legs?

21

Posted by guest , Jul 15, 2008 3:13PM

@3:10

I actually turned down sex two weeks ago, I'm not that easy......

22

Posted by guest , Jul 15, 2008 3:14PM

I believe the relevant term is "well-heeled" = meaning having plenty of money - unless there is some pun here I don't understand?


Main Entry:
well–heeled
Function:
adjective
Date:
1897

: having plenty of money : well-fixed

23

Posted by girl , Jul 15, 2008 3:15PM

@3:12 - A minute 30 and a bud light

@3:13- Not being able to rise to the challenge and turning it down are not the same thing ha

24

Posted by guest , Jul 15, 2008 3:18PM

The bitterness is back. girl, have you tried chicks?

25

Posted by Capt Obvious , Jul 15, 2008 3:19PM

Erin Callan needs to merge w. a legless girl to survive

26

Posted by guest , Jul 15, 2008 3:20PM

@ girl - how many legs do you have?

27

Posted by guest , Jul 15, 2008 3:22PM

@girl Bud light? WTF.

28

Posted by guest , Jul 15, 2008 3:23PM

With Erin getting the summer off, they'll be a lot of tired college boys in The Hamptons this summer. No word on whether she is a fan of the shocker.

29

Posted by guest , Jul 15, 2008 3:27PM

I would rather do a girl with no legs than with one.

30

Posted by guest , Jul 15, 2008 3:27PM

@2:57 (cough carney cough) , i wasn't referencing time, just details of the article. in fact i prefer dealbreaker to dealbook (only partly because of bess)and read it much more.

31

Posted by guest , Jul 15, 2008 3:28PM

Girl, I can rise to the challenge...Want be to show you

32

Posted by girl , Jul 15, 2008 3:28PM

I have 8 legs; I'm actually an octopus.

33

Posted by guest , Jul 15, 2008 3:29PM

@3:27- "partly because of bess" and mostly because of what?

34

Posted by guest , Jul 15, 2008 3:29PM

Girl, I can rise to the challenge...Want me to show you

35

Posted by guest , Jul 15, 2008 3:31PM

very good point 3:27, never really thought of it.

just one leg would seem kind of strange.

36

Posted by guest , Jul 15, 2008 3:41PM

I don't hear girl's answer to to 3:28. Maybe she wen't sissy on us.

37

Posted by beentheredonethat , Jul 15, 2008 3:42PM

@3:12
Never. Snail tracks are a bitch to clean up.

38

Posted by hedgehog , Jul 15, 2008 3:45PM

Anyone else notice the WSJ drew her with a freaking beard?!

http://online.wsj.com/article/SB121614671139755285.html?mod=hps_us_whats_news

39

Posted by guest , Jul 15, 2008 3:48PM

@3:42 - much easier to shave though

40

Posted by girl , Jul 15, 2008 3:54PM

I was on a conf call.

Oh yes, please show me Guest. I'll meet you and all the other 9 million guests claiming to be you at the corner pub (don't worry, you'll figure out which corner, there are only like 20 billion of them in new york) at 5 oclock sharp.

Can't wait!

41

Posted by guest , Jul 15, 2008 4:03PM

Girl you disappoint me

42

Posted by guest , Jul 15, 2008 4:05PM

I think I did girl during the weekend. Can provide the number of the craiglist ad if interested. Ask for 'Amy'.

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