firing

(Newser) - Lehman Brothers, struggling to allay mounting worries about the company's balance sheet, today axed its COO and CFO. The move comes days after the bank reported a $2.8 billion quarterly loss. Joseph Gregory and Erin Callan will both remain at Lehman, but will be replaced at the top by...

(Newser) - After riding to prominence on prophesies of a permanent Republican majority, Karl Rove ultimately learned of his White House excommunication in church, a new book reveals. President Bush gave his longtime adviser his pink slip in the pews, telling Rove last summer, “there’s too much heat on you....