The company's board has established an interim office of thepresident, which consists of Glenn Blumenthal, COO; Edward Matey,general council; and David Nettina, CFO. They will report to theboard and to Lewis Ranieri, chairman.

"It is with profound sadness that we announce the passing of ourfriend and colleague, Hal Pote," says Ranieri in a statement. "Ourwhole AFR family mourns this tragic loss, and our thoughts andprayers are with his family and friends during this difficulttime."

Pote was 60 years old. After joining the board in March 2006, hereplaced Nicholas Schorsch, an AFR founder and former president,vice chairman and CEO, the following August. Within an hour of hisappointment, Pote hosted a conference call with Wall Streetanalysts, promising to bring discipline to the company and "take itback to its roots."

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