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Wednesday, September 17, 2008

Lehman Layoffs: Will They Include George Herbert Walker IV?

Radar caught a new angle in the financial crisis -- after Barclay's buys up parts of Lehman Brothers, there will likely be layoffs. But will they include a particularly well-connected executive?
Will George Herbert Walker IV be laid off? The President's second cousin is the global head of investment management for now-bankrupt Lehman Brothers, at the managing director level.
From his Lehman Brothers bio:
George H. Walker Global Head of Investment Management George H. Walker is global head of the Investment Management Division at Lehman Brothers Holdings Inc. In this role, Mr. Walker oversees Asset Management, including Neuberger Berman, Private Investment Management and Private Equity businesses. He is a member of the Firm's Executive Committee.
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