Wells Fargo is the company's lead banker.

The first to strike a deal, Citigroup, which was WorldCom's lead banker, paid $2.65 billion to settle with the fund last May.

Bank of America, the lead banker, bought 5% of GCA at the time of the bond offering.

The senior banker said the lead bankers were expected to start signing the restructuring this week.

Whoever becomes the lead banker, the institution that manages the offering and sets the share price, has plenty of work ahead.

In addition, the lead banker usually keeps half or more of the loan commitment fee, which can equal about 1 percent of the total loan.

That determination will initially be made by The Bankers Trust Company, The Post's lead banker.

While Goldman, Sachs was traditionally Corning's lead banker, it falls to third on the cover of this deal's prospectus.

The lead bankers, though, since they earn a special fee, owe their allegiance to one borrower.

Mr. Hindery also emphasizes teamwork when describing why he chose Donaldson as his lead bankers.