Lehman Subpoenas

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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

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