They are questioning the allocation process that we are using".
Mr. Quattrone, 48, says his role in the allocation process was minimal.
People generally prefer choice-based lettings to a pure allocation process because it is more open and straightforward.
"It owned a collection of miscellaneous assets," Mr. Levy said, "and management was not too disciplined in the capital allocation process".
In some instances, like the city budget allocation process, the Department of Education is treated like other city departments.
"I think an auction was a great idea, because the problem with the current process is this clubby allocation process, and an auction limits that.
(AP) The Red Bulls acquired goalkeeper Luis Robles via the M.L.S. allocation process.
"Otherwise we're going to have ongoing government intervention in the credit allocation process.
This confirms that Mr. Grubman was centrally involved in the initial public offering allocation process at the firm, as former employees of Salomon have said.
