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Gleacher & Co Fires Top Executives

Departure

Gleacher & Co has fired Chief Executive Officer Thomas J. Hughes and Chief Operating Officer John Griff a day after the struggling brokerage’s biggest shareholder took control of the board.

Top Firm President Enjoys A $64m Cash Out

Pile Of Coins

Blackstone Group President Tony James earned $64.2m last week by selling a fraction of his stake in the world's largest alternative asset manager at a time when its shares are hovering near a five-year high.

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