3 of 30
Anne Erni: All the rules were gone
Anne Erni: All the rules were gone
Former Managing Director and Chief Diversity Officer at Lehman

I thought Sunday night there was going to be good news, so I invited my parents over and got a cake. We had a barbecue. Around 6 p.m. we put on the TV to get an update and saw pictures of Lehman employees streaming out the front door with boxes. The news was reporting that BofA was merging with Merrill, and Lehman was bound to file for bankruptcy. I started to cry.

At work on Monday, all the rules of protocol that existed on Friday were gone. I pulled a couple of women together and said, "Whatever happens, we need to keep WILL -- Women's Initiatives Leading Lehman -- alive."

I've heard so many people say that they'll never let themselves be in that position again. They mean they're never going to define themselves by their job, and I think employee commitment on Wall Street is never going to be the same. At the end of the day, it's you and your family.

NEXT: Neel Kashkari: A real-life, terrifying experiment

Last updated September 14 2009: 3:19 PM ET
Email | Print | Share  |  RSS
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
5 biggest share buybacks of 2014 Stock repurchases are booming. These five companies are ready to spend over $79 billion on buybacks. More
10 horrifying corporate mascots McDonald's Happy is part of a long lineage of creatures great and small that shill for products and mortify consumers. Mr. Mucus, anyone? More
5 best cities to launch a career The top spots in the U.S. for new grads to land a job -- and actually enjoy life -- according to financial site WalletHub. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.