“On my desk I have the documents for securitizing the writers’ and publishers’ future royalty income on a set of record masters. And in my briefcase I’ve got one which deals with the royalty stream from an author’s copyright.”
So says David Pullman, head of the structured asset sales division of Fahnestock in New York. It’s not quite a boutique (“The bank employs 1,400 people,” says Pullman), but neither is it well known.
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