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Proposal for State Bankruptcies Unlikely to Succeed

Sean McCarthy

Head of Municipal Credit Research

Mr. McCarthy is an executive vice president and head of the municipal credit research team in the New York office. Previously, he was a corporate credit analyst for the firm. Prior to joining PIMCO in 2009, he was a consultant to the firm. He was previously a senior vice president in the fixed income syndicate at Lehman Brothers, a vice president in Lehman Brothers' securitized products business and a research analyst with Duff & Phelps and Fitch IBCA. He has 21 years of investment experience and holds an undergraduate degree from James Madison University.