| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| CDOs | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch & Co Inc | 16,256.7 | 1 | 18.3 | 24 |
| Citigroup | 11,695.8 | 2 | 13.2 | 25 |
| Morgan Stanley | 7,184.7 | 3 | 8.1 | 27 |
| Wachovia Corp | 6,951.2 | 4 | 7.8 | 15 |
| Bear Stearns & Co Inc | 5,730.8 | 5 | 6.5 | 15 |
| Deutsche Bank AG | 5,279.6 | 6 | 6.0 | 14 |
| Lehman Brothers | 5,147.7 | 7 | 5.8 | 16 |
| UBS | 4,453.1 | 8 | 5.0 | 11 |
| Banc of America Securities LLC | 3,996.2 | 9 | 4.5 | 19 |
| Credit Suisse First Boston | 3,654.0 | 10 | 4.1 | 9 |
| Industry Total | 88,640.0 | – | 100.0 | 214 |
| Source: Thomson Financial | ||||
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