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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Bear Hires Lehman Vice Chair Jeff Lane to Head Asset Management Division | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="N4s5QpJaV3"&gt;&lt;a href="https://www.nakedcapitalism.com/2007/06/bear-hires-lehman-vice-chair-jeff-lane.html"&gt;Bear Hires Lehman Vice Chair Jeff Lane to Head Asset Management Division&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2007/06/bear-hires-lehman-vice-chair-jeff-lane.html/embed#?secret=N4s5QpJaV3" width="600" height="338" title="&#x201C;Bear Hires Lehman Vice Chair Jeff Lane to Head Asset Management Division&#x201D; &#x2014; naked capitalism" data-secret="N4s5QpJaV3" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>In a move intended to restore confidence, Bear Stearns has sidelined former asset management head Richard Marin (he remains as an advisor) and has brought in Jeffrey Lane, vice chairman of Lehman, as his replacement. Ousting Marin was pretty much required, and on paper Lane has the right stuff (Lehman is a serious bond player, [&hellip;]</description></oembed>

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