Massey has 26 years of investment experience, including broad experience in trading, competitive and negotiated underwriting
and distribution, as well as management and compliance supervision.
Anderson will help to develop Cantor Fitzgerald's public finance efforts, and expand its municipal underwriting, sales and trading business, specifically in negotiated underwriting
The Trust may sell the bonds by means of a competitive bidding process using ParityA or by means of a negotiated underwriting
Yet, when the California Debt Advisory Commission (CDAC) decided to take a closer look at the competitive versus negotiated underwriting
debate in late 1991, the commission and its staff were not fully aware of the pitched battle it would encounter between proponents of each method of sale.
Murphy has broad experience in both competitive and negotiated underwriting
across the municipal credit spectrum
She was also the National Manager of the underwriting department at Dean Witter Reynolds and served as Manager of the negotiated underwriting
desk at Kidder Peabody (which was eventually acquired by Paine Webber).
Competitive bidding is generally believed to lower the overall cost of selling general obligation bonds, whereas the benefit of negotiated underwriting
is that it may permit municipalities to fund needed projects that otherwise might not receive financing.
With 20 offices throughout the nation, the firm has access to over 450 institutional buyers and is ranked 8th nationally and 5th in California for senior managed negotiated underwriting
Previously, Doneff was responsible for the firm's competitive underwriting as well as being involved in negotiated underwriting
14, 2007 in a negotiated underwriting
through Butler Wick & Co.
Bogorowski has twenty years of capital markets experience and previously oversaw Shearson Lehman's Mid-Atlantic Retail Operation, which included all competitive and negotiated underwriting
and trading activities.
Earlier in her career she negotiated underwriting
agreements for major energy companies.