• 17 Oct 2008 at 3:33 PM

Lehman Subpoenas

By Dealbreaker

Charlie Gasparino confirms 4 of the 12: Dick Fuld, Joe Gregory, Erin Callan, Ian Lowitt. Judge CG reminds us that these people are innocent until proven guilty, and he and his colleagues must “report the facts, but not convict anyone. Remember what happened with Frank Quattrone,” and OJ. Still, he says, keep in the back of your mind, that these are things “you can go to jail for,” and as such, the network will be introducing a new segment (to replace Closing Bell) called “Watching Your Back In The Big House.”
Earlier: Live Blogging Erin Callan’s Last LEH Conference Call

Comments (17)

  1. 1
    Posted by guest | October 17, 2008 at 3:37 PM

    charlie gasparino: “a grand jury can indict a sandwich”

  2. 2
    Posted by guest | October 17, 2008 at 3:39 PM

    CG NOT GG

  3. 3
    Posted by guest | October 17, 2008 at 3:39 PM

    CG NOT GG

  4. 4
    Posted by guest | October 17, 2008 at 3:45 PM

    GG NO RE

  5. 5
    Posted by guest | October 17, 2008 at 3:49 PM

    HaHaHa!!!
    Erin Callan’s ass is now on the line as one of the LEH hooligans.
    Maybe her new-found prosperity at Credit Suisse will pay her legal bills on this one.
    TGFD’s advice: Give up now. Roll over on your chums. You’ll do less time in the can and keep more of that hard-earned?? coin you’ve been handed.
    BTW, I secretly hope she holds out till the end. After the reptilious lawyers have bled her, Uncle Sam will confiscate the rest and give her some time off as well.
    TGFD is partial to women, and most of them are partial to me. Frankly though, I can’t tolerate this one.
    The Guy from Delaware

  6. 6
    Posted by guest | October 17, 2008 at 3:53 PM

    This is sad. I hope they all avoid jail but receive hefty fines.

  7. 7
    Posted by guest | October 17, 2008 at 4:20 PM

    if we’re going to begin indicting people for being reckless/and or foolish, get scary long CXW as I suspect they’ll be quite busy

  8. 8
    Posted by guest | October 17, 2008 at 4:48 PM

    How about the Hankster?

  9. 9
    Posted by guest | October 17, 2008 at 4:51 PM

    you know screw these guys at CNBC-you should start writing “I have learned, from well placed broadcast sources”, that 4 of the 12…

  10. 10
    Posted by Lowly Assistant | October 17, 2008 at 5:21 PM

    Maybe I’ve been asleep for the past few weeks, but when did The Guy from Delaware go third-person?
    I knew Rickey Henderson. You, sir, are no Rickey Henderson.

  11. 11
    Posted by guest | October 17, 2008 at 5:27 PM

    11 he also went 100% cash, mid last week. Maybe the two are related.

  12. 12
    Posted by guest | October 17, 2008 at 5:37 PM

    @11
    TGFD is bigger than Pussy Henderson

  13. 13
    Posted by guest | October 17, 2008 at 5:53 PM

    She has D&O insurance so won’t pay

  14. 14
    Posted by guest | October 17, 2008 at 5:57 PM

    She’ll get a Lesbo-bukake at Cap Cupcake

  15. 15
    Posted by guest | October 17, 2008 at 6:13 PM

    So What?
    At the absolute most they will get 1 year in Martha Stewart type Prison. Erin Callan can plant artichokes and strawberries in the garden for a year in the prison without walls then go back to her 150 million dollars earned from her time in Lehman.

  16. 16
    Posted by guest | October 17, 2008 at 7:06 PM

    @#13,#12,#11…
    TGFD went to 100% Cash Tue, Oct 7th, at 1535 hrs local time, and I’m still there.
    I hear that “going third-person” is a sign of mental instability; however, TGFD prefers to think of it as a sign of his ‘eccentricity’.
    BTW, who in hell is Rickey “Pussy” Henderson anyway?
    @#16…
    She’ll “then go back to her 150 million dollars earned from her time in Lehman.”
    Not this time around. Uncle Sam is counting on picking most of that off, and she’s no match for Uncle Sam. She should give up now; maybe she’d salvage a bit. “Earned”??? Really!!
    One final comment, one about me, of course. Right after Church last Sunday, my wife & I were standing outside, and as usual, a group of ladies, 4 or 5, gathered around us. One of them said, “Why TGFD, every time I see you, there are always women around you.” I smiled and said in an ever-so-slightly devilish way, “That’s because they all think I’m harmless….and safe.” They all looked right at me and laughed, giggled really, but it was very clear that they were all…wondering.
    The Guy from Delaware

  17. 17
    Posted by guest | October 17, 2008 at 7:50 PM

    @17 sure, they haven’t taken a DOLLAR away from Dick Fuld or anyone from lehman yet. We’ll see what happens.

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