Erin Callan Swiss Investment Bank

Erin Callan

Interesting to see that Erin Callan is now leading the hedge fund business division for a bank in New York. In the past she has been referred to as the most powerful woman on Wall Street.

We know one hedge fund client that's not likely going to be seeking business from Credit Suisse anytime soon. David Einhorn's Greenlight Capital.

That's because Erin Callan, who was demoted from her job as chief financial officer of Lehman Brothers last month, has found a new gig in the New York office of the Swiss bank as head of its global hedge fund business.

Callan and Einhorn, you might recall, didn't exactly see eye-to-eye on Lehman's financial stability. Einhorn was publicly short Lehman stock and tearing apart its 10-Q while Callan struggled to paint a pretty picture for anxious shareholders.

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