When it comes to judging the big earners in the municipal market, Nancy Utterback, vice president at Kidder, Peabody & Co., wins highest marks. Ms. Utterback is a three-time All-America team member.

This year, George Gregorio of Loews CNA Holdings Inc. gave Ms. Utterback a run for the money. He finished second by a narrow margin and outdistanced the rest of the field by a wide gap.

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