Dick Feehan Quits Lehman

Dick Feehan, the former custody sales wizard at Bankers Trust, has quit Lehman Brothers. The great man is off skiing for a week, and so unavailable to comment, but the City rumor mill says that, although he is talking to people, he will embark on a project of his own rather than go back into another job in the industry. This fits with reports that he was getting fed up at Lehman.