Conn. survey: Some underwriters paid finders' fees

Harris, Elizabeth
October 1999
Bond Buyer;10/22/99, Vol. 330 Issue 30753, p4
Trade Publication
Reports on survey findings that some underwriters in Connecticut paid finders' fees to people who helped them get municipal bond business, with most of those payments going to the firms' employees. Amount of fees given by PaineWebber Inc. to a lobbyist between 1991 and 1993; Legitimacy of the relations between underwriters and lobbyists; Other underwriters cited include Gates capital Corp. and First Albany Corp.


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