20 Glucksman, who died in 2006: Diana B. Henriques, “Lewis Glucksman, Veteran of a Wall St. Battle, Dies at 80,”
21 Lehman’s history: Charles Geisst,
21 commercial paper-trading operation: Keith Dovkants, “The Godfather, a Man They Call the Gorilla and How a Banking Legend Was Lost,”
21 While this anecdote has been reported previously, the scene and dialogue between Kaplan and Fuld have been reported newly by this author. A brief mention of this event was previously reported by Fishman, “Burning Down His House,”
23 “The Gorilla,” a nickname … stuffed gorilla: Susanne Craig, “Trading Up: To Crack Wall Street’s Top Tier, Lehman Gambles on Going Solo,”
23 “I was one of those people who didn’t want to disappoint Dick ”: Fishman, “Burning Down His House,”
23 the “Huntington Mafia”: Shnayerson, “Profiles in Panic,”
24 “Fucking bankers!”: Auletta,
24 Glucksman, Peter Lusk ’s office: David Patrick Columbia, “Highs and Lows,”
24 Glucksman ousting Peterson: Ken Auletta, “Power, Greed and Glory on Wall Street: The Fall of the Lehman Brothers,”
25 “That’s kind of like talking about my first wife”: Robinson, “Lehman’s Fuld,”
25 Shearson/American Express acquiring Lehman: Robert J. Cole, “Shearson to Pay $360 Million to Acquire Lehman Brothers,”
25 “I loved this place”: Ken Auletta, “The Fall of Lehman Brothers: The Men, the Money, the Merger,”
25 “It was like a ten-year prison sentence”: Peter Truell, “Market Place: Is Lehman Ready to Take the Plunge?”
25 “Stay together, and you will continue to do great things”: Gluck sman’s quote, as well as his pencil demonstration, from Robinson, “Lehman’s Fuld,”
26 Fuld pushed out Pettit: Peter Truell, “Pettit Resigns as President of Lehman Brothers,”
26 “You’re the best business fixer I have”: Fishman, “Burning Down His House,”
26 Fuld began by slashing payroll: And brokers, too. Fuld noted, “Within a week or 10 days we fired 60% of the 550 brokers [who] weren’t representing the firm.” He shaved expenses from $1.25 billion to under $1 billion and fired nearly two thousand people. See “Take Notice, It’s Lehman,”
26 “Inside” to Fuld’s “Mr. Outside”: Fishman, “Burning Down His House,”
26 “I want my employees to act like owners”: Schack, “Restoring the House of Lehman,”
27 point system similar to the one that he used to reward his son:
27 his vacation with James Tisch: “Ben, lead the way”: Schack, “Restoring the House of Lehman,”
28 “Every day is a battle”: Fishman, “Burning Down His House,”
28 “I tried to train investment bankers”: Robinson, “Lehman’s Fuld,”
28 Gregory’s $34 million, Fuld’s $40 million: Yalman Onaran, “Lehman Brothers Paid CEO Fuld $40 Million for 2007,” Bloomberg News, March 5, 2008.
29 people inside Lehman referred to as a “Joeicide”: Fishman, “Burning Down His House,”
29 “People need broad experience”: Ibid.
29 Callan history, early career: Susanne Craig, “Lehman’s Straight Shooter,”
30 “Would it be weird for someone like to me to work on Wall Street?”: From a profile of Callan in NYU Law School’s alumni newsletter, “Erin Callan, ’90: Chief Financial Officer, Lehman Brothers Holdings Inc.,” April 2008. See http://www.law.nyu.edu/alumni/almo/pastalmos/20072008almos/erincallanapril/index.htm
30 Citadel Investment Group, she orchestrated the sale of $500 million worth of five-year bonds: Pierre Paulden, “Rainmakers—Alpha Female,”
31 her personal shopper at Bergdorf Goodman: Craig, “Lehman’s Straight Shooter,”
31 negotiations to buy her dream home: According to New York City housing records, Callan signed both her
