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drrugby

11/19/09 11:31 AM

#121183 RE: cashgrinder #121173

FBRC http://www.fbr.com/company/fbr/

FBR Capital Markets focuses its banking, advisory, trading and research efforts in seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Washington Policy Analysis group offers clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies.

With a substantial team of brokers, traders and sales traders in Washington, New York, Boston and London, FBR Capital Markets is, as of December 2008, a market-maker or trader in 980 securities and provided independent research on more than 380 companies representing 22% of the S&P 500 by market capitalization.6

On the asset management side of our business, FBR Capital Markets’ registered investment subsidiaries provide clients with a range of investment choices that includes a family of mutual funds*, hedge funds and funds of funds.

DrR..