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Erin Callan Out at Lehman

The ex-CFO leaves the embattled bank and its vicious queen CEO for hot Swiss action.

Bear Stearns Managers Arrested

Matthew Tannin and Ralph Cioffi, former hedge-fund managers at the former Bear Stearns, were taken into custody this morning for telling investors everything was fine with their funds, while privately admitting they were "toast."

Erin Callan, Joseph Gregory Out at Lehman

Whoa. We knew Dick Fuld was not a fan of Lehman Brothers COO's sleazy green suits or CFO Erin Callan's nude lipstick, but we didn't think he'd FIRE them.