Former New York state budget director Dall W. Forsythe has rejoined Lehman Brothers as a managing director in its public finance department, the firm said.

Forsythe, who resumed working at the firm on July 1, will focus on seeking new business from state and local municipal issuers in the Northeast, he said. Forsythe said he also may do some work with New York issuers "to the extent that I can be helpful."

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