Deutsche Bank
Investors cited the bank's flexibility and openness as a reason for nomination. The bank underwrote 32 deals totaling $17 billion in 2007, including two jumbo, warehouse-clearing CLOs through the Genesis series.
Goldman Sachs
In a year where less was more, the bank was bookrunner for 34 CDOs totaling $17 billion, for just a 5.5% share of the market in 2007. But the firm dodged the bullet that hit more prolific firms, such as Citigroup and Merrill Lynch. Just one of Goldman's deals has experienced event of default, according to data compiled by TS.
JPMorgan
With 35 deals totaling $18 billion, JPMorgan, like the other two nominees, avoided much of the downgrades plaguing CDO giants like Citigroup, UBS and Merrill Lynch.