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 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.54%
2 Bank of America Merrill Lynch 66,433.81 187 9.43%
3 Wells Fargo Securities 57,637.40 170 8.18%
4 JPMorgan 53,570.42 158 7.61%
5 Credit Suisse 45,349.30 117 6.44%