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Shocker: Erin Callan to Leave Pity Post at Lehman

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...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


Erin Callan Is Perfectly Happy, Damnit

The former Lehman CFO is mystified that her recent New York Times column would make people think she was unhappy.