London derivatives professionals last week were puzzling over the fate of Sean Hamidi, senior managing director at Bear Stearns, who company officials insist is still on the payroll, but is no longer showing up for work. To compound the mystery two Bear Stearns staffers said professionals previously reporting into Hamidi had started to report directly to Hamidi's manager Michel Peretie, head of fixed income and derivatives for Europe and Asia. Peretie and Hamidi could not be reached. John Knight, spokesman at Bear Stearns in London, did not return repeated calls.
Hamidi was hired in March 2001 as European head of fixed income, fx and derivatives trading from Morgan Stanley where he was a managing director and head of the euro swaps trading team.
