Hawaii's Preference for Negotiated Deals Becomes a Subject of Debate

Cohen, Jackie
May 2006
Bond Buyer;5/5/2006, Vol. 356 Issue 32375, p36
Trade Publication
The article discusses on the preference of bond issuers in Hawaii for negotiated sales because they get the services they need without an additional costs for financial adviser. Merrill Lynch & Co. Inc. won a bidding on the sale of general obligation bonds with a specific interest cost. The state's preference for negotiated sales has been the subject of current debate which being documented in a report published online by Honolulu city auditor Leslie Tanaka.


Related Articles

  • A Little Goes a Long Way. Silver, Larry // On Wall Street;Apr2005, Vol. 15 Issue 4, p82 

    Criticizes the decision of Merrill Lynch to stop offering services to small investors and to focus on larger clients. Impact on investment advisers; Implications for smaller investors; Effect on the competitors of Merrill.

  • THE $64,000 QUESTION. Jamieson, Dan // On Wall Street;Apr2005, Vol. 15 Issue 4, p72 

    Examines the decision of Merrill Lynch and Morgan Stanley to stop servicing small investors and to focus on higher-networth clients. Implications of handling a large number of accounts; Significance of small investors to financial planning firms; Factors to consider in selecting clients to retain.

  • Time To Play "You Think You Got It Bad�". C. J. C. // High Yield Report;9/15/2008, Vol. 19 Issue 35, p2 

    The author reflects on the shutdown of the European high yield bond market. She notes that the market will focus on a coming wave of debt issuance stemming from corporate refinancing, which is expected to push spreads than even wider. She argues that investors are demanding an extra yield of...

  • Merrill Call-Center Probe: Assessing Possible Impacts. Ackermann, Matt // American Banker;10/19/2005, Vol. 170 Issue 201, p7 

    Reports that the National Association of Securities Dealers is investigating whether brokerage Merrill Lynch & Company's call centers poorly advised some small investors. Criticism of Merrill Lynch & Company for dividing its customers based on how much they had in assets; Suggestion that this...

  • As Orange County cools off, Merrill begins to rebound. Tunick, Britt // Bond Buyer;9/11/97 Supplement California, Vol. 321, p10A 

    Focuses on Merrill Lynch & Co. Inc.'s efforts to regain its one-time top ranking in the California bond market. Bankruptcy in Orange County, California; Lawsuit charged by Irvine Ranch Valley Water District against Merrill Lynch.

  • MARKET STATISTICS.  // Bond Buyer;9/11/2002, Vol. 341 Issue 31468, p40 

    Presents a chart depicting the performance of bond market in the U.S. Details on the municipal bond index; Corporate bond indexes of Merrill Lynch; Index values of the total return growth of the market.

  • Analysts see little upside in Merrill bonds. Padgett, Tania // American Banker;05/14/98, Vol. 163 Issue 91, p30 

    Presents information on bond analysts attitudes towards Merrill Lynch & Company, while indicating the performance of the yields of Treasuries and corporate bonds when merger rumors circulate. Comments from Joseph J. Labriola, head of corporate bond research at PaineWebber Incorporated; Reason...

  • Munis Weaken as War Talk Rises; Maryland DOT Leads New Issues. Monsarrat, Sean // Bond Buyer;1/30/2003, Vol. 343 Issue 31563, p2 

    Reports on the performance of bond market on January 29, 2003 in the U.S. Decline in municipal bonds' yield; Decrease in the assets of 137 national retail tax-free money funds; Purchases made by Merril Lynch & Co.

  • Treasury Yields Drop, Reflecting Investors' Flight to Quality.  // Bond Buyer;9/19/2008, Vol. 365 Issue 32965, p6 

    The article reports that short-term yields in the U.S. Treasury market have plunged noticeably lower, as a result of a massive flight to quality, while tax-free money market yields have increased dramatically as skittish investors seek out the safest possible investments to protect themselves...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics