Updated from 11:47 a.m. EDT
Lehman Brothers(LEH Quote) CEO Richard Fuld put the target on his back Monday, as he kicked off the beleaguered firm's conference call to discuss its $2.8 billion second-quarter loss.
Fuld faced analysts for the first time since Lehman ousted CFO Erin Callan and COO Joseph Gregory on Thursday, three days after the firm warned of its losses. In typical fashion, the type-A Fuld took charge of the conference call from the outset, perhaps mindful he could be the next to lose his job if shareholders remain unhappy with the direction the brokerage house is headed.
"This is my responsibility," he said of the firm's poor performance of late, part of an opening speech that preceded his turning the call over to Lehman's new CFO, Ian Lowitt. ...
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