Bear Stearns Senior MD Departs
--Aaron Johnson
Peter Sallerson, a senior managing director at Bear Stearns, has left the firm, reportedly along with several other members of the bank’s collateralized debt obligation team. A switchboard operator confirmed Sallerson’s number was no longer listed in the company directory.
Renu Aldrich, Bear Stearns spokeswoman, did not immediately return a call and Sallerson could not be reached for comment. Further details could not be gleaned Thursday. Two weeks ago, Bear Stearns announced it would lay off 300 across various business segments (TS, 10/30).