Cram-Down Proposal In Senate Trouble

The proposal to give bankruptcy judge the authority to cram-down, or reduce, mortgage debt appears to be in danger of not being adopted in its toughest form.

  • 28 Apr 2009
The proposal to give bankruptcy judge the authority to cram-down, or reduce, mortgage debt appears to be in danger of not being adopted in its toughest form. The measure, which had the support of President Barack Obama and passed in the House of Representatives, has been revised in ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 1,284 2 30.09
2 Barclays 633 1 14.82
3 BNP Paribas 509 1 11.91
4 Citi 467 1 10.94
5 Morgan Stanley 455 1 10.66

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,235.10 31 12.19%
2 Barclays 7,853.42 22 10.36%
3 Bank of America Merrill Lynch 7,473.95 24 9.86%
4 JPMorgan 7,225.34 25 9.54%
5 Wells Fargo Securities 6,258.35 24 8.26%