Financial Services >> Sector Roundtables >> June 1, 1998
STEVEN EISMAN is a Managing Director of CIBC Oppenheimer. Previously,
he was associated with Strook & Strook & Lavan, a law firm. Mr. Eisman
received his Bachelor's degree in economics from the University of
Pennsylvania and his Juris Doctorate from Harvard Law School. Profile
MARK ALPERT is Managing Director of Deutsche Banc Alex. Brown where he
is responsible for equity research coverage of consumer and commercial
finance companies and specialty banks. A Chartered Financial Analyst, he
is a member of the Chartered Financial Analysts Association and is a
past President of the Bank and Financial Analysts Association. Mr.
Alpert earned his Bachelor's degree from Washington University and his
MBA from the University of Wisconsin-Madison. Profile
JENNIFER S. SCUTTI is an Executive Director and a Senior Financial
Services Analyst in the Equity Research department of CIBC World
Markets. Since joining CIBC World Markets in March 2001, she has
initiated coverage on a number of sectors within the specialty finance
niche, including the financial technology sector, the commercial finance
group, the credit card/diversified finance issuers and the mortgage
finance companies. She has been featured on CNNfn and is regularly
quoted in a variety of publications. In 2001, Ms. Scutti was recognized
for her earnings estimate accuracy by The Wall Street Journal's 'Best On
The Street' analyst survey, after being named the top financial services
stock picker on Wall Street by the same survey in 2000. She was also
named one of the 25 best stock pickers in Wall Street according to
Bloomberg News and named as an earnings estimate sharpshooter by The
American Banker in 1996. Prior to joining CIBC World Markets, Ms. Scutti
was employed by Prudential Securities from 1994 to 2001 and Lehman
Brothers from 1991 to 1994. She began her Wall Street career in 1989 at
Brown Brothers Harriman. She has a BA from the University of Delaware
and received her MBA in Finance from Rutgers University. She is a member
of the Association of Investment Management Research. Profile
TWST: Steve, perhaps we could begin with you. Would you structure thespecialty finance industry for us, the segments?
Mr. Eisman: You've got diversified financials, mortgages, home