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OTC Desk at Bear Stearns Short Two Senior Traders

Traders Magazine, October 1998

Michael L. O'Reilly

With the recent resignation of its most tenured market maker, and a career switch for its co-head, the over-the-counter trading desk at Bear, Stearns & Co. is operating without two long-time leaders.

James Martello, the most senior market maker at New York-based Bear Stearns outside top management resigned from the firm in September. It could not be learned whether Martello landed with another firm.

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