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Whispers

PEOPLE

Neil Bautista has joined Moody's ABCP Group as an assistant vice president. Prior to this appointment, Bautista was employed at Dai-Ichi Kangyo Bank, Ltd. in the asset securitization department.

Kristine R. Robertson and Stephanie Tsacoumis have joined Gibson, Dunn & Crutcher. Robertson will represent major financial institutions, opportunity funds, joint ventures and forming and representing general limited partnerships. Robertson has been a panelist at continuing legal education seminars, where she has lecture on the securitized mortgage lending practice. Tsacoumis will represent issuers and underwriters in transactions including domestic and foreign public equity and debt securities offerings, private placements and corporate reorganizations. In addition to serving as lead attorney in acquisitions, Tsacoumis has been active in the field of asset securitization.

Liberty Hampshire has named Scott Roberts as chief investment officer. Roberts came from large fund manager Scudder-Kemper, where he was CIO as well.

Juliet Jones recently joined Barclays Capital as an asset-backed securities analyst. Jones, who came over from the credit card ABS group at Standard & Poor's Ratings Services, will be reporting to Jeffrey Salmon.

Deutsche Banc Alex. Brown has announced that Stephen M. Miller is joining the firm as a managing director and will be head of equities customer merger risk arbitrage trading.

Previously, Miller was head trader in the risk arbitrage department at Goldman, Sachs & Co.

CALENDAR

January 19 & 20 in Washington D.C: R.R. Donelley Financial presents Glasser LegalWorks' Gramm-Leach-Bliley Act of 1999 Financial Services Modernization 2000 Seminar. For more information call 212-503-1463.

MISCELLANEOUS

PECO Energy Co. has filed a request today with the Pennsylvania Public Utility Commission for authorization to securitize an additional $1 billion of stranded cost.

Saks Credit Corp. has filed with the Securities and Exchange Commission for the sale of as much as $1 billion of asset-backed certificates. These certificates would represent interests in a trust that holds credit card receivables, according to a shelf registration filed with the SEC. Department store operator Saks Inc. will collect the credit card payments on behalf of the trust.

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