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If you can't beat 'em, join 'em
Further to the on-going saga of America's most ill-equipped former finance director, Erin Callan, who was humiliatingly demoted by Lehman Brothers after just six months in the job, has secured fresh employment at Credit Suisse - as head of its hedge funds business.
This is an ironic choice of career given that, when she was Lehman's CFO, she was embroiled in a public argument with a hedge fund over the true state of the bank's losses - which turned out to be much worse than anyone had thought.


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