| 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 | 17,037.7 | 1 | 18.5 | 25 |
| Citigroup | 11,695.8 | 2 | 12.7 | 25 |
| Morgan Stanley | 7,534.7 | 3 | 8.2 | 28 |
| Wachovia Corp | 6,951.2 | 4 | 7.6 | 15 |
| Bear Stearns & Co Inc | 6,821.5 | 5 | 7.4 | 17 |
| Deutsche Bank AG | 5,279.6 | 6 | 5.7 | 14 |
| Banc of America Securities LLC | 5,245.8 | 7 | 5.7 | 21 |
| Lehman Brothers | 5,147.7 | 8 | 5.6 | 16 |
| UBS | 4,453.1 | 9 | 4.8 | 11 |
| JP Morgan | 3,659.6 | 10 | 4.0 | 10 |
| Industry Total | 91,987.1 | – | 100.0 | 222 |
| Source: Thomson Financial | ||||
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