| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan | 5,943.2 | 1 | 33.4 | 11 |
| Citigroup | 4,447.1 | 2 | 25.0 | 8 |
| Banc of America Securities LLC | 2,973.3 | 3 | 16.7 | 5 |
| Morgan Stanley | 1,829.0 | 4 | 10.3 | 2 |
| Deutsche Bank AG | 1,568.5 | 5 | 8.8 | 4 |
| Barclays Capital | 500.0 | 6 | 2.8 | 1 |
| Wachovia Corp | 249.9 | 7 | 1.4 | 1 |
| Credit Suisse | 200.0 | 8 | 1.1 | 1 |
| Industry Total | 17,774.0 | - | 100.0 | 26 |
| Source: Thomson Financial | ||||
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First-loss risk prompts Ellington's migration to the mezzanine level, although some secondary-market equity gets thumbs up.
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