Och-Ziff Capital Management

Och-Ziff Capital Management had another positive month in all its main hedge funds, and the New York hedge fund manager's assets under management increased $600m (€441m) during the month, according to a regulatory filing.

When Erin Callan talked, people listened.

Throughout the weekend and then on Monday from 5 a.m. on, Lehman's brass, including Callan, hunkered down in the firm's Manhattan headquarters, making phone calls in the hopes of calming investors and...