Banco Popular de Puerto Rico

Mr. Marz principal responsibilities for Hilltop Securities Inc., and First Southwest Asset Management, Inc are in the credit and rate risk management space. Additionally, in his leadership role as Head Risk Officer within the capital markets area, Mr. Marz also oversees the Structured Finance Department, which includes working within the mortgage space, State Housing Agencies and Structured Products groups, Mr. Marz is provides expertise as an advisor on macro, strategic and tax issues surrounding governmental and non-profit entities. � �ProfileHas more than 30 years experience in capital markets, asset based financing, structured products, derivatives.Joined First Southwest in 1993.Has principal management responsibility for the firm’s Capital Markets risk management, Housing and Structured Finance Group, and is a member of the investment committee for First Southwest Asset Management, Inc.�Serves as a member of the Firm's executive committee and as a Director of First Southwest Asset Management, Inc.'s investment committee.Prior to joining First Southwest, served as a managing director for institutional fixed income at Bear Stearns & Co.Previously, he served as a fixed income Mortgage Product Manager for Goldman Sachs & Co., in both Dallas and New York.Is a co-editor with Dr. Frank J. Fabozzi, on The Handbook of Non-Agency Mortgage-Backed Securities.Married lives in Dallas, Texas has 3 adult children living in New York, Colorado and Texas�

After graduating Princeton in 1949, Jim Lebenthal took the glamour road with dream jobs at Life Magazine, NBC, Disney, Y&R, and Ogilvy & Mather. He joined the family municipal bond business in 1963 at age 35. That was before landlords in the South Bronx started walking away from buildings that were worth less than the bills for back taxes. It was before NYC began borrowing for daily operating expenses. It was before the City declared a moratorium" on the repayment of $1.6 billion municipal notes, and before the flag touched the ground in Washington, Oregon, and Idaho, the home states of the Washington Public Power Supply System. It was also before inroads were made on the hallowed exemption of munis from the federal income tax. Municipal bonds still had 25 glorious years to go before the Supreme Court would knock tax exemption off its constitutional high horse and rule in South Carolina v. Baker that municipal bonds were tax free only by the grace of Congress and not by any constitutional right.Appearing in Lebenthal & Company radio and TV commercials, Jim applied the same explicatory skills that he once had used to IBM mainframe computers on the map, to putting tax free municipal bonds within the reach and comprehension of the individual investor. And for his pains, Jim has won lifetime achievement awards from the National Federal of Municipal Analysts and The Bond Market Association (predecessor to SIFMA) Jim temporarily retired in 2006, when Lebenthal's parent company, Advest was sold to Merrill Lynch.He returned to the municipal bond business 3 years ago as co-founder with daughter Alexandra Lebenthal of the new broker/dealer Lebenthal & Co., LLC and their new Wealth and Family Office Management firm, Alexandra & James.Jim is the author of "Confessions of a Municipal Bond Salesman" (John Wiley & Sons, Inc. Publisher) and "Lebenthal On Munis - Straight Talk About Tax-Free Municipal Bonds for the Troubled Investor Deciding, 'Yes...' or 'No!'" (Morgan-James Publishing LLC) "

Peter Coffin is President and Portfolio Manager at Breckinridge Capital Advisors, a Boston-based fixed income investment manager with over $24 billion in assets under management. Peter has over 30 years of experience in the investment industry. Before founding Breckinridge in 1993, Peter was a Senior Vice President with Massachusetts Financial Services (MFS), where he managed municipal bond portfolios and served on the MFS Fixed Income Policy Committee. As a committee member, he shared oversight of all the firm’s fixed income strategies. Peter began his career as an analyst, first in the Bond and Money Market Group of the Connecticut National Bank, and then in Aetna’s Bond Investment Division. Peter received a BA with honors in classical studies from Hamilton College in 1982 and serves on the college’s Board of Trustees. He also serves on the board of The Trustees of Reservations and is President of the Frontier Nursing University Foundation. Peter was previously on the board of the Forum for Sustainable and Responsible Investment (US SIF) and the Municipal Securities Rulemaking Board (MSRB). Peter recently received an FSA Credential from the Sustainability Accounting Standards Board (SASB), which seeks to develop and disseminate sustainability accounting standards that help public corporations disclose material, decision-useful information to investors. Peter speaks regularly at conferences on topics related to the management of fixed income portfolios and sustainable investing, and his commentary on those subjects is often reported in the press.

Ted Molin is a Managing Director at RangeMark Financial Services, Inc.  He is responsible for business development in connection with RangeMark’s public finance strategic initiatives.  Prior to joining RangeMark, Mr. Molin served as a First Vice President, Public Finance - West Region, at Ambac Assurance Corporation from 2000 to 2009, where he was responsible for public finance deal origination, pricing and market relationships in the western half of the United States, with a particular focus on higher education, land-based, lease-backed and transportation financings.  Previously, Mr. Molin was a Vice President in the company’s Public Finance - South Region from 1999 to 2000, with similar responsibilities.  He served as Vice President and Assistant General Counsel in the Specialized Finance Group from 1995 to 1999 and Vice President and Assistant General Counsel in the Municipal Financial Services Group from 1990 to 1995.  In both capacities he had primary legal responsibility for a broad range of financial transactions.  From 1981 to 1990, Mr. Molin was an attorney at the law firm of Hawkins, Delafield & Wood in New York, NY, where he served as bond counsel and underwriters' counsel in public finance transactions.  Mr. Molin graduated cum laude from Amherst College in 1978 and from the University of Virginia School of Law in 1981.  He is a member of the Municipal Analysts Group of New York, the National Federation of Municipal Analysts and the New York State Bar Association.

Bill is the head of Ipreo’s Global Markets Group, which includes all of our Capital Markets and Research Sales & Trading products and services. �Bill is also responsible for all of Ipreo’s global content and analytics, including the collection and quality control of the decision tools and high-end analytics integrated into all of our product offerings. Bill comes from i-Deal, which he joined in 2006. Previously, Bill was a partner in the Carson Group, where he created many of the industry standard analytical tools still in use today. After Carson Group was purchased by Thomson Financial in 2000, Bill served as EVP and Head of Analytical Services for Thomson Financial’s Corporate Group. Bill holds a BS from the University at Buffalo and an MBA with a concentration in Finance from Baruch College.�

Jim Moncur is a Deputy Director in the Mayor’s Office for the City of Houston and in that capacity is responsible for debt management. Prior to that Mr. Moncur served as Deputy Controller for the City and managed the city’s investments, debt and banking. He previously worked for the Metropolitan Transit Authority of Harris County, and prior to that various corporate organizations. Jim has also served as an elected official as a Council Member and Mayor Pro-tem for the City of Clear Lake Shores, and has been active in a number of community organizations involving parks, green space and economic development.  Jim has an MBA Finance from Wayne State University, and holds the CFA designation (Chartered Financial Analyst).

Mr. Watkins was appointed by the Governor and confirmed by the Cabinet as Director of the Division of Bond Finance in July of 1995 and has served under four Governors.� The Division of Bond Finance is responsible for issuing bonds for the State of Florida and advising on other debt management policies for the State.� The Division administers bonding programs for the Departments of Education, Transportation, Environmental Protection, and Management Services as well as borrowings for the State University System, Florida Turnpike System and the Florida Hurricane Catastrophe Fund.� The Division is also responsible for allocating the private activity bond volume cap, maintaining a local government reporting system for bond issues, calculating federal arbitrage rebate liabilities and developing a system to insure compliance with the SEC’s secondary market disclosure requirements.�Prior to joining the Division, Mr. Watkins practiced law with Sutherland Asbill & Brennan in Atlanta, Georgia.� His practice area was concentrated in public finance.�EDUCATIONB.S., Accounting, AuburnUniversity, 1979; former CPA with Peat MarwickJ.D., University of Florida’s College of Law, 1984; member State Bars of Florida and Georgia since1987PROFESSIONAL ACTIVITIESFormer Board Member and Vice Chairman of the Municipal Securities Rulemaking BoardGovernment Finance Officers Association – Executive Board Member and former Chairman of theCommittee on Governmental DebtNational Association of State Treasurers/State Debt Management NetworkNational Association of Bond LawyersMunicipal Code Corporation BoardTall Timbers Research and Land Conservancy Board�

Since his inauguration as Florida’s 44th Governor on January 2, 2007, Charlie Crist has worked to lower the cost of doing business and living in Florida, increase people’s access to government, strengthen Florida’s economy and ensure the safety and world-class education of Florida’s children. Upon taking his oath as Governor, Governor Crist immediately established the Office of Open Government by Executive Order, in order to make government more accessible to the people it serves. Governor Crist also continues to address high property taxes and property insurance costs and works with both Democrats and Republicans in the Florida Legislature to work toward finding solutions to both issues.Governor Crist is proud of the robust accomplishments of his administration in less than three short years – the largest tax cut in Florida history, the unanimously passed Cover Florida Health Care plan that provides access to affordable health care for thousands of uninsured Floridians, the Anti-Murder Act that has placed 96 probation violators behind bars, Operation Orange Tree to capture the monsters who prey on our children, our record 10,000 foster children adopted into loving permanent families, and the daily effort to maintain a level of fiscal responsibility in state spending that honors Florida’s hard-working tax payers.The Governor’s Explore Adoption initiative is increasing awareness about adopting teens, siblings groups and children with special needs from state foster care, resulting in back-to-back years of record-setting numbers of adoptions into permanent, loving families. Governor Crist is committed to ensuring the children of Florida have the resources and opportunities to realize their full potential. The Governor established the Governor’s Council on Physical Fitness to educate and encourage Florida students about leading a healthy and active lifestyle. He also created the Children and Youth Cabinet and appointed a Chief Child Advocate to streamline the adoption process in Florida.Governor Crist understands that Florida’s 1.9 million small businesses are the backbone of the Sunshine State’s economy. Research indicates that small businesses, which account for nearly 60 percent of new jobs created in Florida, have the highest potential for growth and new job creation. To better understand how government can provide opportunities to help small business grow and foster free competitive enterprise, Governor Crist convened the Florida Small Business Summit in November 2009 and continues to seek ways to get government out of the way and allow Florida’s small businesses to thrive in the ever changing global economy.Additional economic development achievements include biotech research and aviation and aerospace. Florida is one of the fastest growing biotech centers and is home to more than nine percent of nation’s 1,450 biotech firms. Under Governor Crist’s leadership, the following are among the companies to join Florida’s life sciences industry: the Max Planck Institute of Bio-Imaging on the campus of Florida Atlantic University; VGTI Florida in Port St. Lucie; the Miami Institute of Human Genomics; Draper Laboratory Inc. in Tampa and St. Petersburg; Biopsy Sciences in Pinellas County; the opening of Scripps Florida in Jupiter. In Cape Canaveral, the U.S. Air Force is leasing to Space Florida what will become Launch Complex 36, a launch pad that will accommodate light-to-medium lift vertical launches supporting commercial, civil and military capabilities.Governor Charlie Crist was born in 1956 in Altoona, Pennsylvania, but his family soon settled in St. Petersburg. As a public school student Governor Crist quickly learned the value of participation, leading him to serve as class president at St. Petersburg High School and, later, as student body vice president at Florida State University. In high school Governor Crist was the starting quarterback for his football team. He later played football at Wake Forest University before transferring and receiving his undergraduate degree from Florida State in 1978. Governor Crist then earned his law degree from the Cumberland School of Law in Birmingham, Alabama.Governor Crist received invaluable experience in Florida’s criminal justice system while interning in the State Attorney’s Office before accepting a position as general counsel for the minor league division of the Baseball Commissioner’s Office. Governor Crist began his government service as state director for former U.S. Senator Connie Mack before later returning to the private practice of law with the Tampa firm of Wood and Crist.In 1992, Governor Crist won a seat in the Florida Senate. For six years in the Senate, Governor Crist served as Chairman of the Senate Ethics and Elections Committee and as Chairman of the Appropriations Criminal Justice Subcommittee. A strong voice for public safety, he sponsored, among other legislation, the Stop Turning Out Prisoners (STOP) bill requiring prisoners to serve at least 85 percent of their prison sentences. This earned him numerous honors, including appointment as an Honorary Sheriff by the Florida Sheriffs Association—only the third person to receive the honor in the organization’s long history.After Governor Crist completed his Senate service, Governor Jeb Bush appointed him as Deputy Secretary of the Florida Department of Business and Professional Regulation. In 2000, Governor Crist won a special election and became Florida’s last elected Commissioner of Education. Governor Crist’s path of public service next led him to seek election as Attorney General in 2002. He carried the general election by more than one-third of a million votes to become Florida’s first elected Republican Attorney General. On November 7, 2006, Governor Charlie Crist was elected to serve as Florida’s Governor. Governor Crist is a lifelong member of the St. Petersburg Chapter of the NAACP.Governor Crist and his wife Carole have been married since December 12, 2008. They were married in his hometown of St. Petersburg, Florida.

Ed Meyers is Managing Director and head of the Energy & Power Infrastructure Group at BMO Capital Markets. Mr. Meyers has over 30 years of specialized public finance experience in the utility sector. He has structured a variety of financial transactions while working at Goldman, Sachs & Co. and at BancOne Capital Markets, has performed asset valuation and divestiture analysis on behalf of New Harbor Incorporated, and developed commodity trading and hedging applications with Duke/Louis Dreyfus LLC. Mr. Meyers’ career has enabled him to acquire particular expertise relating to financial and credit strategy, capital markets access, asset valuation, electric and natural gas commodity transactions (physical and financial) and renewable energy opportunities.Mr. Meyers has managed a broad range of financial and commodity engagements on behalf of AMP, Los Angeles Department of Water and Power, MEAG Power, Missouri Joint Municipal Electric Utility Commission and Nebraska Public Power District. In 2006, Mr. Meyers led the team executing the interim financing and initial debt offering for the Missouri Joint Municipal Electric Utility Commission’s participation in the Plum Point Energy Station. This transaction was selected as a regional finalist for The Bond Buyer Deal of the Year Award. Mr. Meyers earned a B.A. from the College of the Holy Cross in Worcester, Massachusetts and a J.D. from Fordham Law School in New York.

Doug Bird is a partner in the securities and structured finance group in the New York office of Ashurst LLP. His practice relates primarily to financings by state and local governments, authorities and agencies. Doug has considerable experience in transactions involving municipal gas and electric utility systems, including the financing of long-term prepaid supply contracts, natural gas reserve interests, distribution systems, storage facilities and generating facilities. His experience includes commodities and interest rate hedging transactions, various credit and liquidity enhancement products, and federal income tax and securities laws matters in connection with the foregoing.