1.   New issues are underwritten and placed with investors by a syndicate of international banks led by a lead manager bank.

2.   A prospective borrower would approach a number of investment banks, one of which would be invited to act as the lead manager of an issue.

3.   The lead manager would in turn invite a small additional group of banks to aid it in organising the issue.

4.   The price of eurobond intermediation is composed largely of commission or fees, which are divided between lead managers, underwriters and sellers.

5.   Also, the Puritan fund employs a lead manager and a separate manager to oversee the fixed-income portion of the fund.

6.   And the lead House manager, Representative Henry J. Hyde of Illinois, downplayed the outrage among Senate Democrats.

7.   ASLK-CGER, Generale de Banque SA and SBC Warburg will act as lead managers for the capital increase.

8.   At Merrill Lynch, another lead manager of the Fannie Mae deal, a portion was also done over the Internet, including the final allocation.

9.   Bank of the Philippine Islands was named as the issue manager and lead manager of the stock and warrant sale.

10.   Bankers Trust has not yet named a replacement for Ms. Lisanti, who served as lead manager for the funds, according to Thomas Parisi, a spokesman.