Todd A. Pitsinger

TODD A. PITSINGER is a Managing Director and Research Analyst with the
Financial Institutions Research Group at Friedman, Billings, Ramsey &
Company, Inc. He currently covers a collection of specialty finance and
retailing companies. He has been with FBR since 1993, and is responsible
for conducting the financial analysis and credit risk assessment of
consumer and commercial finance companies. Mr. Pitsinger has also worked
as an Analyst in the High Yield, Commercial Banking, and Thrift Research
Groups at FBR. Mr. Pitsinger received both his BBA in International
Business and MBA in Finance from the George Washington University in
Washington, DC.