Lehman Brothers CFO and COO Resign With Stock Down 32% in a Week

Posted In: Mortgage and Real Estate

A pair of top executives at Lehman Brothers have resigned with shares of the company in freefall.

Shares of the company are trading down 3% to $22.87 ahead of the open. Since the close on June 5, shares of Lehman are down 32.7%.

Chief Financial Officer Erin Callan and Chief Operating Officer Joseph Gregory have resigned...

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