Borders loses two top execs

Bookseller Borders yesterday announced the resignation of two top executives, as the retailer battles its economic woes. Borders revealed late yesterday that general counsel Thomas Carney and chief information officer D. Scott Laverty had resigned. The bookseller’s shares dipped by 13 per cent on Friday, and dropped by 11 per cent to 85 cents in after hours trading yesterday after news of the resignations.