(Reuters) - NEW YORK, June 26 - Bear Stearns Asset Management
CEO Richard Marin is taking a stronger role in managing its two
troubled hedge funds and tapped Thomas Marano, head of its
mortgage unit, to save one of the funds, said two sources
familiar with the decision.
Marin appointed Marano last week to help with the funds
managed by Ralph R. Cioffi, who retains his current role as
portfolio manager for both funds, said one source.
Read more at Reuters.com Bonds News
CEO Richard Marin is taking a stronger role in managing its two
troubled hedge funds and tapped Thomas Marano, head of its
mortgage unit, to save one of the funds, said two sources
familiar with the decision.
Marin appointed Marano last week to help with the funds
managed by Ralph R. Cioffi, who retains his current role as
portfolio manager for both funds, said one source.
Read more at Reuters.com Bonds News
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