Thursday, June 21, 2007

Lehman Hires Goldman's Frase, Salameh for Energy Trading Desk, People Say

(Bloomberg) -- Lehman Brothers Holdings Inc., the
fourth-biggest U.S. securities firm, hired Jeff Frase and Roy
Salameh from Goldman Sachs Group Inc. for the bank's energy
desk, according to three people with knowledge of the situation.

Frase will be the global head of oil trading at the New
York-based bank, according to the people, who declined to be
identified because he hasn't yet started work. Salameh will be
head of energy sales for North America, they said. Mark Lane, a
London-based spokesman for Lehman, declined to comment.


Read more at Bloomberg Energy News

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