(Bloomberg) -- Bear Stearns Cos. enlisted Tom
Marano, the head of its mortgage unit, to help unwind two money-
losing funds, according to a person with knowledge of the
decision.
Marano was assigned to Bear Stearns Asset Management
temporarily to help Richard Marin, chief executive officer of the
unit, and Ralph Cioffi, the manager of the two hedge funds, said
the person, who declined to be identified because the decision
hasn't been made public.
Read more at Bloomberg Bonds News
Marano, the head of its mortgage unit, to help unwind two money-
losing funds, according to a person with knowledge of the
decision.
Marano was assigned to Bear Stearns Asset Management
temporarily to help Richard Marin, chief executive officer of the
unit, and Ralph Cioffi, the manager of the two hedge funds, said
the person, who declined to be identified because the decision
hasn't been made public.
Read more at Bloomberg Bonds News
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