Banco Popular de Puerto Rico

Joseph A. LaVorgna is a managing director and serves as Chief US economist in charge of US macroeconomic research for Global Markets. He joined Deutsche Bank in 1997 from Lehman Brothers where he was a Vice President in the Fixed Income Division. Prior to joining Lehman, Joe was an economist at UBS Securities and he started his professional career at the Federal Reserve Bank of New York in 1992, where he was an economist on the Monetary Analysis and Projections Staff. Joe is a graduate of Vassar College and is a frequent commentator for CNBC as well as various other media outlets. Joe and his colleagues were ranked #1 in Economics in the 2010 Institutional Investors’ All-Star Fixed Income Team.

Andy Busch is a recognized expert on world financial markets and how they are affected by political events. In addition to his role as Global Currency and Public Policy Strategist for BMO Capital Markets, he is a senior fellow on economic issues for the Illinois Policy Institute and an American Action Forum Expert.He consults with the U.S. Treasury, Congress, and the White House on economic andfinancial market issues. He was an adviser on the financial markets to U.S. presidential candidate John McCain and advised the last three U.S. Treasury Secretaries, including Tim Geithner.Andy appears regularly on CNBC’s The Closing Bell and The Kudlow Report. He is frequently quoted by The Wall Street Journal, Reuters News Services, Dow Jones News Services, Associate Press, Agence France-Press, Australia's Au., UK's Guardian, and the Globe and Mail.A prolific writer, Andy is the author of World Event Trading: How to Analyze and Profit from Today's Headlines, and authors a daily newsletter, The Busch Update, as well as the monthly Busch GPS: Global Political Strategy.Andy joined BMO Financial Group in 1990 in the foreign exchange trading room. Prior to joining BMO, he traded FX at Northern Trust Company.He graduated Phi Beta Kappa with a BA in Economics from Ohio Wesleyan University and received his MBA from the University of Chicago in1988.

Thomas Donnelly, a defense and security policy analyst, is the director of the Center for Defense Studies. He is the coauthor with Frederick W. Kagan of Lessons for a Long War: How America Can Win on New Battlefields (2010). Among his recent books are Ground Truth: The Future of U.S. Land Power (2008), coauthored with Frederick W. Kagan; Of Men and Materiel: The Crisis in Military Resources (2007), coedited with Gary J. Schmitt; The Military We Need (2005); and Operation Iraqi Freedom: A Strategic Assessment (2004). From 1995 to 1999, he was policy group director and a professional staff member for the House Committee on Armed Services. Mr. Donnelly also served as a member of the U.S.-China Economic and Security Review Commission. He is a former editor of Armed Forces Journal, Army Times, and Defense News.

Iain Briggs is a senior managing director in FTI Consulting’s Healthcare Practice. Mr. Briggs has 30 years of experience working with financially challenged organizations, with the last fourteen in the healthcare provider industry. His areas of specialty include turnaround management, financial restructuring, mergers and acquisitions, bankruptcy reorganizations, business development, strategic advisory, operational improvement, contract review and negotiation, and creditor relations. He works closely with hospital boards, executive management teams and the municipal finance community. Mr. Briggs has served as a chief executive officer (CEO) and a chief financial officer (CFO) and has acted as an advisor on turnaround projects. He has worked on the sale, merger or reorganization of more than 20 healthcare organizations including acute care hospitals, specialty hospitals, physician hospital organizations, health maintenance organizations and third-party administrators. In all cases, EBITDA improvement or recovery has exceeded expectations. Mr. Briggs joined FTI in 2005 with its acquisition of Cambio Health Solutions, where he had worked for eight years. He previously served as senior manager for Deloitte & Touche, where he provided a broad range of audit, merger and acquisition, turnaround and restructuring advisory services focusing on operational and financial improvement. At a public U.K. marketing services company he was responsible for international acquisitions (Europe, Middle East and the United States) and oversaw the operational management of several subsidiaries. He moved to the United States in 1989, where he has served as CEO and CFO to support the turnaround of several healthcare and financial service companies. Mr. Briggs holds a B.S. in mechanical engineering from the University of Nottingham, England. He is a chartered accountant (member of the Institute of Chartered Accountants in England and Wales (ICAEW)). He is frequently invited to speak at healthcare finance conferences – including Healthcare Financial Management Association, the National Federation of Municipal Analysts, Bond Buyer and others.

Mr. Carlson joined RBC Capital Markets in 2001. Mr. Carlson is the primary investment banker for RBC�s Direct Purchase Program. His experience includes structuring and purchasing over $2.0B of direct purchase transactions for a variety of issuer clients including utility, transportation, healthcare, power, housing, and special district sectors. Over $1.5B of this amount has been in the form of SIFMA Indexed Floating Rating Notes. Prior to his role in Municipal Products, Mr. Carlson was an investment banker in RBC�s Florida market and served on the financial advisory and underwriting teams for a variety of general governmental clients. He was part of the financial advisory team on the transaction that won the 2004 Bond Buyer Deal of the Year. Mr. Carlson was previously an officer in the United States Navy for 9 years where he was an F-14 Radar Intercept Officer (RIO) and flew 33 combat missions over Iraq during Operation Southern Watch. Mr. Carlson graduated with honors from the United States Naval Academy with a BS in Political Science. He earned his MBA from The Citadel, and his MS in Finance from the University of Florida. Mr. Carlson is a NASD General Securities Representative.

Dennis Tupper works in Deutsche Bank’s Municipal Capital Markets Group and is a member of the North America Flows Rates and Credit Trading Executive Committee. During his time at Deutsche Bank, the Municipal Capital Markets Group has grown into a municipal market leader with unmatched execution efficiency and substantial credit capacity for our clients as demonstrated through our industry-leading derivatives and structured products business. Dennis has also been the architect for Deutsche’s ongoing expansion in the Municipal market with four new products lines having been introduced over the past two years. For issuer clients, Dennis works through Deutsche Bank’s network of regional broker-dealer and advisory partners as well as direct client relationships to structure transactions including new swaps, swap novations, credit transactions and private placements. For investor clients, Dennis has structured a wide range of transactions including total return swaps, structured notes and lending or liquidity facilities. Dennis has also devoted considerable time to analyzing the impact of pending regulatory and capital changes on the municipal market and has structured products and solutions to ensure that Deutsche Bank continues to provide its clients with smart transactions. In his broader role at Deutsche Bank, Dennis is responsible for managing balance sheet and capital capacity across the North America Flow Rates and Credit Trading platform and has a leading role in restructuring business lines and transactions to fit into the new and pending regulatory regime.Dennis graduated summa cum laude from The Wharton School of the University of Pennsylvania with a B.S. in Economics.

Deputy Treasurer Katie Carroll was appointed by California State Treasurer Bill Lockyer in February 2009 and oversees the issuance of debt for the state. She also represents the Treasurer on the governing boards of several authorities and commissions, including the California Earthquake Authority, the California Housing Finance Agency, the California Infrastructure and Economic Development Bank, and the California Debt and Investment Advisory Commission.Prior to her appointment as Deputy Treasurer, Ms. Carroll was the Director of the Public Finance Division in the Treasurer’s Office. She started her career in public finance with the State Treasurer’s Office in 1986, and has since served in numerous capacities supporting the issuance and management of state debt. Ms. Carroll has also held various finance and accounting positions in the Federal Government, the State Controller’s Office and private industry. She is a graduate of California State University, Sacramento.