Whispers: August 4, 2008

August 4, 2008

Deutsche Bank has promoted Ido Gonen to run its Latin American securitization team, according to a spokesperson at the bank. The banker replaces Brigitte Posch, who recently left to work at Pacific Investment Management Co. (ASR, 7/16/08). He will have tough shoes to fill. Posch worked eight years at Moody's Investors Service, where she earned a reputation for rigor among Brazilian and Mexican clients before hopping over to Ambac for a remarkably short stint of six months, and then Deutsche. Gonen was also at Moody's for a roughly two-year stretch, working primarily in U.S. RMBS, according to a source at the agency. He's been at Deutsche since July 2005. Gonen didn't return a call for comment, while Pimco hasn't returned calls or an e-mail requesting information on Posch's new title and responsibilities.

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