Kidder, Peabody & Co., one of the country's largest underwriters of health-care related bonds in 1991, confirmed yesterday that all seven senior members of its health and education finance group have resigned.

"We are saddened and very upset about them leaving," said Paul A. Stach, managing directoir of Kidder's municipal department. "We will, however, be actively looking at replacing these people as soon as qualified professionals become available."

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