Lehman fires 2 execs after loss

Lehman fires 2 execs after loss

There are 1 comment on the Newsday story from Jun 13, 2008, titled Lehman fires 2 execs after loss. In it, Newsday reports that:

Beleaguered Lehman Brothers swept out two of its top executives yesterday, including chief financial officer Erin Callan and chief operating officer Joseph Gregory, in hopes that the management shake-up will ...

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Fired Or Reassigned

Shoreham, NY

#1 Jun 15, 2008
Doesn't being "fired" mean that your employment with a company has been terminated for cause? These two guys were merely demoted and reassigned to other duties. Why does the headline misrepresent the facts?

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