 Kehler and Bloom had worked together previously at Lehman Brothers Kuhn Loeb and were joined by Heyer when Lehman was acquired by Shearson/American Express.The Argosy team had been involved in many of the most prominent high yield financings of the preceding two decades, for companies including RJR Nabisco, Beatrice Foods, and Storer Communications.The Argosy Group focused on debt underwriting, private placements, sales and trading, proprietary special situation investing, and restructuring advisory assignments for highly leveraged companies.