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Tom Hourican has joined underwriter Societe General as global head of securitization risk management, reporting to global securitization chief Greg Medcraft. Also, as previously reported, SocGen has hired Jim Frischling to head the firm's CDO business. Hourican, a veteran in the securitization market, headed the research group at then Chase Securities in the late 1990s. Prior to Chase, Hourican was a founding member of Standard & Poor's structured finance ratings practice, where he worked for 14 years until he left in 1996.

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