CORE DUMP

CORE DUMP

Bear, Sterns & Co. and some of the more active government securities dealers that clear through Bear Sterns -- including Craig Coates' new firm -- were reportedly behind RJM's move to go retail. Although Bear Sterns is now said to be out of the picture, sources say RJM initially planned to put market-making screens on the desks of selected Bear Sterns' clients. RJM was to receive the commissions on trades made off the screens, and Bear Sterns was to get clearing business. As a result, Salomon

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