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Lehman Loses $2.8B; CEO Faces the Music

Post-shakeup, 'now my job to make sure that we execute,' Fuld says

(Newser) - A week after skipping Lehman Brothers' first announcement of its $2.8-billion second-quarter loss, CEO Richard S. Fuld took the microphone himself today to made it official, attempting to reassure analysts and shareholders in the wake of the bank's executive shakeup. "It’s now my job to make sure... More »

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