FOX Business Network senior correspondent Charlie Gasparino reports that former Lehman Brothers CFO Erin Callan is resigning from her post at Credit Suisse and leaving the financial industry.
Excerpts Courtesy of Fox Business Network
“What we hear is, as you know, she’s one of the central figures in the financial crisis, was at Lehman when it was imploding, left for Credit Suisse… she is now out of the securities business as of December 31st she has resigned. The speculation is wide, and from what we understand, it’s these investigations. She’s one of the central figures in a federal investigation into the collapse of Lehman.”
“She went to Credit Suisse and then she went on a lengthy leave of absence. It was pretty bizarre—she was gone from the scene, until, from what I understand—I checked yesterday—December 31st she’s officially out of there.”