Bear Stearns let go of 10,000 of its 14,000 employees
after J.P. Morgan & Chase Co. acquired it, adding to Wall Streets numerous layoffs.
Ko is't alone; many former bankers are apparently starting up hedge funds. Earlier this month, two former co-heads of fixed-income
at Citigroup Inc., Randy Barker and Geoff Coley, also announced they
were
starting a hedge fund.
Randy Gulian, CEO of executive recruiter
InSearch Worldwide, told
Corporate Dealmaker's Suzanne Stevens that his firm has seen "the stars" -- those bankers
who led deal teams or regularly brought in business -- transitioning to private equity and hedge funds. According to
Bloomberg, more than 45 banking executives have landed at PE and hedge funds this year.
- Maria Woehr
Here are some of the most recent hedge fund job postings from our
Career Center.
See Dealscape: Bear Stearns executives score new jobs See Corporate Dealmaker: From laid-off i-banker to corporate dealmaker? See Dealscape: Citigroup, Goldman Sachs to issue pink slipsSee Dealscape: Credit Suisse expects more layoffsSee Dealscape: Pink slips at J.P. MorganSee Dealscape: More Wall Street layoffs at Goldman Sachs See Dealscape: More Lehman layoffs See Dealscape: Bear Stearns layoffs beginSee The Deal's Career Center
Melissa Ko, a former Bear Stearns Cos. trader, 
