Sunday, August 5, 2007

Bear Stearns co-president Spector resigns - WSJ

(Reuters) - Citing a person familiar with the matter, the Journal said
directors agreed that Alan D. Schwartz will for now be sole
president of Bear.




The article also said that Samuel Molinaro, the firm's
longtime chief financial officer, will assume the role of chief
operating officer and that Jeffrey Mayer, co-head of fixed
income, will take Spector's seat on the executive committee.


Read more at Reuters.com Bonds News

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