An Aug. 30 story, "Bear Stearns' Young Syndication Team Aims to Build Business from Scratch" on page 1, misquoted Mark S. Lies, a senior managing director at the firm.

In speaking of the 10% to 20% returns that he said most commercial banks earn, and of the 20% he said Bear Stearns expects to rack up, Mr. Lies was speaking of return on equity, not on loans.

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