Banco Popular de Puerto Rico

As President and Founder of Kipling Jones & Co., Ms. Jones brings more than 20 years experience in the investment banking arena. She is responsible for directing the firm�s financial advisory, underwriting and brokerage services to state and local governments, higher education institutions and not-for-profit entities nationwide. Ms. Jones has played an integral role in structuring large transactions such as a $3 billion water and sewer transaction for the City of Houston, which financed infrastructure improvements. She has served as financial advisor or banker on numerous transactions, which helped spur housing and other economic development initiatives, including the use of incremental tax revenues. Her experience has included water and sewer systems, transportation finance, parking system revenue bonds, hotel and convention centers, and other general infrastructure projects. Among her clients have been the City of Houston; Coastal Water Authority; the City of Dallas; Dallas County; the City of Tallahassee Utility System; Ohio State University; Cook County, Illinois; and numerous others. She received her bachelor�s degree in finance from Millsaps College and her master�s degree, also in finance, from the University Of Chicago Graduate School Of Business. Ms. Jones has also taken post-graduate studies at the London School of Economics. Ms. Jones is currently a board member for the City of Houston Tax Increment Reinvestment Zone Number Twelve and a member of the Board of Trustees of Talladega College in Alabama.

James (“Jim”) Binette is a Managing Director in the Public Finance Eastern Region at Assured Guaranty, where he is a municipal underwriter with specific focus on the southern region. Jim joined Assured Guaranty in June of 2007. Prior to joining Assured Guaranty, Jim spent four years in MBIA’s Asset Management division.Jim also spent seven years at Bayerische Landesbank (“BayernLB”) underwriting liquidity facilities and letters of credit for municipal issuers or various sectors. Jim started his career as a research analyst at Moody’s Investors Service in 1994, with his final role there as a municipal analyst in the Great Lakes region. Jim earned his Master’s degree in Business Administration from Fordham University, and gained his undergraduate degree in Management with a concentration in Finance from Manhattanville College. Jim is also a member of the Municipal Analysts Group of New York and the National Federation of Municipal Analysts.

Lewis G. Feldman, a partner in Goodwin Procter's Business Law Department and a member of the Real Estate, REITs & Real Estate Capital Markets Group, is also a member of the firm's Executive Committee. He serves as the Chair of Goodwin Procter LLP's Los Angeles offices and heads the firm's Public/Private Development Practice. Mr. Feldman is considered to be among the nation's leading real estate and public finance attorneys, specializing in structuring, entitling and executing large-scale financings for real estate industry participants and the public sector.Mr. Feldman has advised clients on more than $70 billion in debt and equity financings for market-rate and affordable apartments, master-planned residential communities, industrial and manufacturing facilities, urban entertainment centers, primary, secondary and university educational facilities, retail malls, hospitals, mixed-use projects, destination resorts and hotels, brownfield remediation, green building, mitigation banks, transportation projects and all forms of public infrastructure.Mr. Feldman is an active participant in many of the industry's most eminent associations and groups, including the Board of Directors of the University of California, Los Angeles, Ziman Center for Real Estate, of which he is a founding member, the University of Southern California, Lusk Center for Real Estate, the City of Hope Cancer Center's Los Angeles Real Estate Industry Council, the United Way of Greater Los Angeles, the Urban Land Institute, the National Association of Real Estate Investment Trusts, the National Association of Bond Lawyers, California's Coalition for Adequate School Housing and the International Council of Shopping Centers. Mr. Feldman also serves on the Board of Trustees of the Carlthorp School.He also serves on the editorial board of the firm's real estate practice newsletter REsource: A Goodwin Procter Publication for the Real Estate Industry.Mr. Feldman is a frequent lecturer and author on real estate and finance matters. He has been a featured speaker for the Beverly Hills Bar Association, the Building Industry Association, the California Association for Local Economic Development, the California Redevelopment Association, the Council of Development Finance Agencies, the National Federation of Municipal Finance Analysts, The League of California Cities, the Los Angeles County Bar Association, the USC Gould School of Law, the UCLA School of Law, the UCLA Anderson School of Management, the UCLA Ziman Center for Real Estate, the Milken Institute, the National Association of Bond Lawyers, the Pacific Coast Builders' Conference, the USC Lusk Center for Real Estate's Economic Forecast and the Urban Land Institute. In addition, he has served as an arbitrator for the American Arbitration Association and serves as an expert witness in high-stakes real estate and public finance litigation matters.Articles and comments by Mr. Feldman have appeared in numerous publications, including: American Lawyer, Bloomberg, The Bond Buyer, The California Real Estate Journal, Commercial Property News, The Daily Deal, Fixed Income Daily, Forbes, Fortune Magazine, The Los Angeles Business Journal, The Los Angeles Daily Journal, The Los Angeles Times, the NAREIT Report, The New York Times, Real Estate Forum (including the July 2005 cover story), Real Estate Southern California, Retail Traffic Magazine, The Sacramento Bee, The San Diego Tribune, The San Jose Mercury News, The San Francisco Recorder, The San Francisco Chronicle, Urban Land Magazine, The Wall Street Journal, The Washington Post and Western Cities Magazine.In addition, Mr. Feldman has appeared on Fox Business News' Money for Breakfast with Alexis Glick, CNBC's Closing Bell with Maria Bartiromo and KNX AM 1070's Business Hour with Frank Mottek.Prior to joining Goodwin Procter, Mr. Feldman was the managing partner of the Century City office of Pillsbury Winthrop Shaw Pittman, where he headed that firm's National Public Finance Practice and its Los Angeles Real Estate practice.

Jennifer Johnston is a Vice President and Analyst at Franklin Templeton Investments. She joined the company in 1993 and heads the municipal tax-backed group focused on GO’s, leases/COPs and dedicated tax bonds. Ms. Johnston has been involved in Franklin’s efforts in Stockton, Detroit and Puerto Rico.Ms. Johnston earned her bachelors from Santa Clara University and an MPA from the University of San Francisco. She is a past chair of the National Federation of Municipal Analysts (NFMA) and currently serves as chair of the Industry Practices Committee and co-chaired two annual conferences. She is a member and former chair of the California Society of Municipal Analysts (CSMA) and was awarded the CSMA’s Amy S. Doppelt Award for Meritorious Service. Ms. Johnston is a member of the San Francisco Municipal Bond Club and a past president of The Junior League of San Francisco.

Mac Taylor was appointed to the position of Legislative Analyst in October 2008,as the fi fth person to serve in that capacity since the offi ce was founded in 1941. In his30-year career with the offi ce, he has served in various capacities:Program Analyst. He worked in the tax area (primarily income-related taxes),authoring reports on state and local spending limits, tax expenditureprograms, and tax auditing issues.Section Head. Mac managed the General Government section in the offi ce,covering a wide variety of assignments (retirement, employee compensation,labor issues, and housing).Deputy. He served for 17 years as deputy to the prior Analyst, Elizabeth Hill,overseeing the work of the K-12 Education, Higher Education, LocalGovernment, State Administration, and Economics and Taxation sections.As Legislative Analyst, Mac serves as the nonpartisan fi scal advisor to both housesof the California Legislature and oversees the preparation of annual fi scal and policyanalyses of the state’s budget and programs. His offi ce is also responsible for preparingimpartial analyses of all initiatives and constitutional measures qualifying for the state’sballot.Mac earned a bachelor’s degree, with highest honors, in political science from theUniversity of California, Riverside, and a master’s degree in public affairs fromPrinceton University. He serves on the Statewide Leadership Council of the PublicPolicy Institute of California. Mac resides in Carmichael with his wife Sherry. Theyhave three children—Michael, Katie, and Jessica.

Mr. Gambone began his career in 1989 at Salomon Brothers working as a trading desk analyst on the government repo trading desk. In 1995 he started working at Lehman Brothers in the municipal bond department as short term products trader and later as a short term products specialist in the public finance department. Mr. Gambone transitioned to the Barclays when they acquired the North American broker/dealer of Lehman Brothers which included the entire municipal bond franchise. Mr. Gambone�s national responsibilities include all municipal taxable and tax-exempt short-term product origination for: commercial paper, variable rate demand bonds, put bonds, floating/fixed rate notes, and variable rate remarketed obligations. Additional responsibilities include documentation, money market fund requirements, marketing strategy, monitoring regulatory issues that impact short term products, and procuring bank liquidity/credit support. The short-term products team covers all sectors of the municipal marketplace nationally including: public power, state & local governments, transportation, state housing finance authorities, not-for-profit healthcare, and higher education. Mr. Gambone holds a B.S. in Finance from the University of Rhode Island, a M.B.A. in International Finance from Fordham University, and a CTA Certificate in Analysis & Design of Information Systems from Columbia University. Mr. Gambone maintains the following FINRA registrations: Series 7, Series 63, Series 3, and Series 53.

Brian Whitworth joined FirstSouthwest in 2009, and launched FirstSouthwest's PEB Trust, a group OPEB trust. He's a nationally recognized expert and frequent speaker on OPEB with speaking engagements at: Bond Buyer, IMN, NACO, National Conference of Mayors, CA City Association of Counties, Intl Association of Employee Benefit Plans, Conference of Consulting Actuaries, Massachusetts Retiree Benefits Commission, and the New Mexico Retiree Benefits Commission. Whitworth helped write legislation for several states, contributed material to the GASB Implementation Guide, built extensive simulation models including pension, OPEB cost and general fund revenues, and has worked on OPEB and/or pension issues for states, counties, cities and organizations. He's coauthor of two OPEB whitepapers and OPEB Frequently Asked Questions.He has also built extensive simulation models including pension and OPEB cost and general fund revenues, hold four patents on municipal bonds, risk management and related software, and work with actuaries and legal counsel. He has reviewed approximately 1000 pension and OPEB actuarial reports, often identifying errors, questionable assumptions and methods, potential compliance problems and potential savings opportunities. And founded more than $10 billion dollars in actuarial errors and opportunities for savings, including plans which had already been reviewed by independent actuaries, auditors, and city commissions.He has a Bachelor of Arts in Physics, University of Chicago and Master of Business Administration in Finance, University of California at Los Angeles.