Banco Popular de Puerto Rico

Andrew Kalotay is a leading authority on the valuation of taxable and municipal bonds. He is a prolific contributor to the literature on fixed income topics, such as bond refunding and the use and misuse of interest rate derivatives. His firm licenses fixed income valuation software and provides debt management advisory services. Before establishing Andrew Kalotay Associates in 1990, Dr. Kalotay was with Salomon Brothers. Prior to Wall Street, he was at Bell Laboratories and AT&T. On the academic side, he was the founding director of the graduate Financial Engineering program at Polytechnic University (now part of NYU). Dr. Kalotay holds a B.Sc. and M.Sc. from Queen's University and a Ph.D. from the University of Toronto, all in mathematics. He was inducted into the Fixed Income Analyst Society's "Hall of Fame" in 1997.

Euriah Bennett is head of the Municipal Derivatives Group for the New York Branch of Dexia, a world leader in public finance.� He is responsible for originating, structuring, and executing risk management solutions on behalf of municipalities nationwide. Mr. Bennett has structured and executed interest rate swaps and caps, swaptions, bond proceeds reinvestment products, and forward purchase/sale transactions.� Mr. Bennett has over 17 years of public finance experience, having served public entities as both a derivatives originator and an investment banker.� Mr. Bennett has help to finance projects in virtually every sector of the public finance market including general infrastructure, healthcare, housing, transportation and higher education.� Mr. Bennett has an A.B. in Economics from Stanford University and an M.B.A. with a concentration in finance from Columbia Business School.

The Honorable Darlene Green, Comptroller of the City of St. Louis, serves as the City’s Chief Fiscal Officer. She directs all the fiscal affairs of the City for a combined annual budget of more than $900 million. As Chief Fiscal Officer, she is a member of the Executive Branch of City government, the Board of Estimate and Apportionment. Ms. Green is a member of many Citywide boards and commissions, including the Airport Commission, and is a Trustee for the City’s Retirement Systems. As an elected office holder, Ms. Green runs on a platform of honesty and integrity and has a solid record of positive fiscal performance. She is the first woman ever elected to the position and makes use of her talent, skills and experience to oversee the financing of some of the largest capital improvement projects in the region. This includes the Lambert-St. Louis International Airport expansion and neighborhood redevelopment. During her tenure in City government, first as Budget Director and now as Comptroller, St. Louis recorded nine consecutive years of multi-million dollar budget surpluses and seven credit rating upgrades. In May 2008, the City was upgraded to an A+ credit rating for the first time in 35 years. And in a recent state audit, the auditor commented that “the Comptroller’s Office is very well run.” Darlene Green is a native St. Louisan. She graduated from Vashon High School and earned a Bachelor of Science degree in Business Administration from Washington University. She has over 30 years of professional experience in both the public and private finance sectors. Ms. Green actively works in her community with both charitable and professional organizations. She is a member of the National Association of Black Accountants (NABA); Zeta Phi Beta Sorority, Inc.; Government Finance Officers Association (GFOA); and Friendly Temple M.B. Church. She also is a member of the National Women's Political Caucus of Metro St. Louis. Ms. Green continues to receive many honors and awards including one of St. Louis Magazine’s “52 Most Powerful People in St. Louis” for 2008; the St. Louis Metro Sentinel Journal 2007 “Political Leader of the Year” award; the “Distinguished Service Award” from the Dr. Martin Luther King, Jr. State Celebration Commission of Missouri; the “National Achievement Award in Government” by the National Association of Black Accountants, Inc.; the Gateway Classis Sports Foundation “Lifetime Achievement” award; the National Organization of Black Elected Legislative Women’s “Shining Star” award; a Political Leadership Award from the Young Democrats of the City of St. Louis; an Achievement Award from Sister to Sister Expo; the Mound City Bar Association’s “Distinguished Community Service” award; and the 2003 St. Louis District Christian Methodist Episcopal Church Ministerial Alliance “Community Service” award.

Phil Culpepper joined the Illinois Housing Development Authority as the Deputy Executive Director in October 2009. Culpepper is a member of IHDA’s executive team and focuses his efforts on day-to-day operations, affordable housing lending and bond finance. Prior to his appointment to IHDA, Culpepper served as the State of Illinois’ Director of Debt Management where he was responsible for nearly $26 billion of debt outstanding, was directly responsible for oversight of all state bonding authorities ‘activities and issued more than $7 billion in State debt. Culpepper has also served as a Debt Management Specialist for the Illinois Toll Highway Authority where he structured and coordinated more than $3 billion of municipal bonds and derivative transactions to support construction projects for Illinois’ Congestion Relief Program. Culpepper served as a Non-Commissioned Officer in the U.S. Army’s and holds a bachelor’s degree in economics from Loyola University Chicago.

McCoy was appointed head of BMO Capital Markets (investment banking arm of Bank of Montreal) expanding U.S. Public Finance and Infrastructure practice in October 2009; based in Chicago with current offices in New York and San Francisco the group specializes in providing debt structuring, underwriting, financial and infrastructure advisory services to all types of U.S. municipal and not-for-profit groups including state and local governments, public and private educational institutions, healthcare institutions, public power, as well as, port and transportation sectors He is a 27-year corporate finance industry veteran. Since joining BMO Capital Markets in 1982, he has held various roles of increasing responsibility. Previously he was a Managing Director in BMO’s Financial Products Group where he was instrumental in growing the firm’s Chicago-based U.S. derivatives practice. He has also worked in BMO’s Toronto and Vancouver offices in corporate and government banking where he focused on covering Crown, provincial and other government-owned related agencies. As well, he has held positions in structured finance and credit groups. McCoy holds an MBA from York University and a Bachelors Degree in Political Science and Economics from Queen’s University in Canada.

William Daly recently joined the Bond Dealers of America Association as Senior Vice-President for Government Relations.  A Washington lobbyist and public policy analyst for over thirty years, Bill represents the interests of regional broker-dealers before Congress, the executive branch and regulatory agencies.  Bill led New York City’s federal tax legislative efforts for seventeen years under four mayors and directed New York’s Washington office for Mayor Michael Bloomberg, covering the full range of the City’s issues – from homeland security to municipal finance to protection of the City’s watershed and everything in between.  In the 1990’s he served in the Clinton administration as a senior official in the Social Security Administration, working to resolve Social Security’s long-term solvency questions.  He continued at Social Security as a Senior Advisor to the Commissioner in the administration of President George W. Bush.  Returning to New York City’s DC office after Michael Bloomberg became Mayor, Bill once again focused on tax and municipal finance issues.  He graduated with a Bachelor of Arts in History from the University of Connecticut, a Juris Doctor from Boston University and a Masters of Laws in Taxation from Georgetown University Law Center.  He is married with two grown children and three grandchildren.  He and his wife, Sharon, live in Brownsville, Maryland.

Mitchell Rapaport has been a partner in the Washington D.C. office of Nixon Peabody since 1995. Before joining Nixon Peabody, Mitchell Rapaport a partner with Mudge Rose Guthrie Alexander & Ferdon. He spent his early career with the Internal Revenue Service in the Office of the Chief Counsel, Legislation and Regulations Division, and more recently in the Department of the Treasury, Office of Tax Policy. During his time at the Treasury, Mr. Rapaport assisted in drafting the proposed private-activity bond regulations, the arbitrage regulations, and the rules relating to changes of use of bond-financed facilities and management contracts.Mr. Rapaport has participated in a wide variety of tax-exempt financings, including numerous refunding transactions,�public power transactions, stadium and convention center transactions, and education, multifamily housing and solid waste disposal financings, and he has provided advice in a number of privatization transactions. Mr. Rapaport has also worked on a variety of legislative and regulatory matters. Mr. Rapaport is involved with a number of IRS audits in areas that include solid waste disposal facilities and natural gas prepayments.�In addition, Mr. Rapaport has assisted a number of clients on legislative and regulatory matters, including the Government Finance Officers Association, the Large Public Power Council, and the Regional Bond Dealers Association.� Mr. Rapaport has also represented a number of clients in connection with IRS audits, including issuers, underwriters and other market participants.� With�over 25 years of experience in the tax aspects of public finance transactions, he is nationally recognized in his fieldMr. Rapaport is an active member of the National Association of Bond Lawyers, having served as Chair of the Association’s General Tax Matters Committee and of its Washington Seminar.