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  September 5, 2001
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Home > Company Index > Financial Services > Miscellaneous Financial Services > The Pullman Group, LLC

The Pullman Group, LLC
 PROFILE
Ziggy played the market. The Pullman Group issues bonds secured by the future royalties of popular songs and other entertainment and intellectual properties. The group launched "Bowie Bonds" in 1997 when it securitized the future royalties of 300 David Bowie songs, including "Ziggy Stardust." Bonds have been issued for such artists as James Brown and Motown hitmakers Holland-Dozier-Holland. Began as a division of Gruntal Financial, the firm became the Structured Asset Sales unit (later renamed The Pullman Group) of Fahnestock & Co. in 1996 and became independent in 1998. It lost an intellectual property rights suit because founder David Pullman developed the bond idea while working for other firms, not himself.

 COMPETITION
The Bear Stearns Companies Inc. (BSC)
Deutsche Banc Alex. Brown Incorporated (dossier)
Merrill Lynch & Co., Inc. (MER)

 KEY PEOPLE
• David Pullman
    CEO

 CONTACT INFO
1370 Ave. of the Americas, 26th Fl.
New York, NY 10019
US
Phone: 212-750-0210
Fax: 212-750-0464
Online: Web Site

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