Leading thrifts through challenging times. (interview with thechairman of Merrill Lynch Mortgage Capital Inc.) (interview)

LEADING THRIFTS THROUGH CHALLENGING TIMES

LEADING THRIFTS THROUGH CHALLENGING TIMES

Richard T. Pratt is chairman of Merrill Lynch Mortgage Capital Inc (MLMCI)/Merrill Lynch Capital Markets (MLCM), New York. NLMCI is positioned to meet the rapidly-expanding need for mortgage-related products and associated investment banking services. Drawing on the resources of its Mortgage-Backed Securities Trading, Whole Loan Trading/Servicing, Financing and Research Groups, MLCM is a full-service, client-driven operation. It consistently ranks among the top three firms in banking and CMO underwritings. Before joining Merrill Lynch, Richard Pratt Served as chairman of the Federal Home Loan Bank Board from April 1981 to May 1983.

What can Wall Street, and Merrill Lynch, in particular, offer the thrift industry?

Well, it’s very interesting to examine our own structure and the structure of the thrift industry.

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