Bear Stearns exec jumps to Creditex

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Brad McKinnon, Bear Stearns & Co.'s former managing director and head of European marketing for fixed income derivatives, has joined b-to-b derivatives exchange Creditex Inc. McKinnon will be senior marketer in London and will spearhead much of the start-up's push into Europe. Creditex's financial backers include Bank of America Corp., Morgan Stanley Dean Witter & Co. and Deutsche Bank AG.

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