Ms. Griser said the county could have set the underwriter's fee Christian Louboutin Shoes -- probably at 0.35 percent or 0.375 percent of the proceeds -- but decided that would not provide enough motivation to the firms, which are tasked Christian Louboutin Pumps trying to sell the bonds at the lowest possible interest rate. She said the market was full of refinance deals at that time, and if the county's fee had been too low, the underwriters might have focused their efforts elsewhere. Branches of J.P. Morgan served as underwriter and letter of credit issuer for a $30 million county borrowing in 2006. But the firm won no role in subsequent county borrowings. Ms. manolo blahnik said the firm submitted proposals to underwrite the other borrowings, but the administration decided to use Merrill Lynch, and peep toe shoes Goldman Sachs, as its Wall Street underwriters. Greg Zappala, who has left the municipal finance business, declined comment. "The one thing that I was adamant about," said Mr. Onorato, "was, keep it competitive, and make sure that one firm doesn't get to do it [all]." First and foremost it is your responsibility and people must be made to know this.
Commentaires
Il n'y a aucun commentaire sur cet article.