Toomre Capital Markets LLC

Real-Time Capital Markets -- Analytics, Visualization, Event Processing, and Intelligence

Congratulations to old friend Lehman Brothers' Bart McDade

Today's Wall Street Journal reports that an old friend, Bart McDade of Lehman Brothers, has been promoted from running the fixed-income division to now heading all of Lehamn's stock business. In his place as head of the bond department will be another former colleauge, Mike Gelband, who traded fifteen-year mortgages back in the late 1980s. Aldon Hynes and Lars Toomre know both Bart and Mike from their days at the head of the Lehman Brothers' Collateralized Mortgage Obligation business, and wish them both well with their new endeavors.