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Traders Magazine, July 2001

Editorial Staff

*Bear Stearns Companies named James E. Cayne (photo), to the additional post of chairman of the board. Cayne, the firm's chief executive and former president, succeeds Alan "Ace" Greenberg, who will continue with Bear Stearns as chairman of the company's executive committee. Alan D. Schwartz and Warren J. Spector were appointed both president and co-chief operating officer. Shwartz will continue as the firm's senior investment banker and Spector will remain as the head of Bear's fixed income division.

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