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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (220057)	2/10/2003 12:54:47 PM
From: Pacing The Cage	of 436258

Luc, Does the auto-short rule apply in a case like this? Or is this just another case of <Gold Sucks!>? J.P. Morgan's Feldstein Quits Post, Derivatives Week Says By Tom Kohn New York, Feb. 10 (Bloomberg) -- J.P. Morgan Chase & Co.'s U.S. co-head of structured credit Andrew Feldstein quit his post and is looking for another position at the bank, Derivatives Week said, citing spokesman Michael Dorfsman. Feldstein is exploring options within the second-biggest U.S. bank or a venture with the firm, the weekly magazine said. The co-head of the division, Chris Harvey, didn't respond to calls requesting comment, Derivatives Week said. Jonathan Laredo, a managing director who helped run European structured finance, quit J.P. Morgan two weeks ago. Structuring means using derivatives -- whose price is based on underlying assets -- to repackage bonds and other securities. (Derivatives Week 2-10)

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