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Sending in the Reinforcements: Bear Stearns Brings in Marano 

Jun 26, 2007By

Bloomberg is reporting that Tom Marano, head of Bear Stearns’ mortgage unit, has been temporarily brought on board to help unwind the two troubled subprime hedge funds at the center of much media attention the past week or so. 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.

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