Artie DeGaetano, head of the high-yield trading team and a partner at Bear Stearns, resigned a couple of weeks ago due to family health issues. He spent more than 12 years at Bear Stearns and says the move was solely because of personal issues and that the firm had been a great one to work for. DeGaetano says he is uncertain when or if he will return to the trading floor. For now, however, he is taking care of issues at home. Officials at Bear Stearns say they are not currently looking to hire anyone to fill DeGaetano's position.
High Yield Head Departs Bear Stearns