Howard Goldberg, an Institutional Investor ranked high-yield analyst at J.P. Morgan, has recently joined US Bancorp's Libra Investments as a high-yield generalist. He left J.P. Morgan soon after it consummated its merger with Chase Manhattan. Goldberg, who has been on the junk sell-side since 1985, and who worked at Goldman Sachs prior to joining Morgan, will broaden his coverage away from retailers and supermarkets, and into consumer products, gaming/lodging and several other fields. He notes that at a full service boutique like Libra, "everybody does a little bit of everything, and my coverage will reflect that." He will report to Randy Masel, one of the firm's directors since, given the relatively small size of the firm's research effort, no one holds the title of research chief.
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