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The lengthy relationships and frequent contacts that she and her staff have with 20 "specialist" banks that buy securities from the Treasury in the primary market matter most when markets are skittish.Before auction announcements Ms Cannata and her team sound the specialists out, and seek further confirmation of bidding intentions when conditions are volatile.
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This meeting was prompted by the fact that several cities in the world demonstrated interest around the election, some having already announced their bidding intention.
Any public statements against future bid intentions must be unambiguous, otherwise the individual or group would, under the Takeover Panel's rule 2.8, be prevented from making a formal move for six months.
The Takeover Panel's rule 2.8 stipulates that statements against future bid intentions should be as "unambiguous as possible" but in his announcement Usmanov intended to retain enough latitude to make a move.
If so, it may have helped the Mittster clear his mind to explore another Presidential bid, an intention that he relayed to a group of donors on Friday.
Actual bids are compared with intentions expressed before auctions.
North had no intention of bidding game; he was just trying to silence his opponents.
This choice was traditional, with the intention of bidding two clubs after a one-heart response.
Brian Walker, an NBC spokesman, said that nothing had changed in the network's intentions to bid for the games.
As for Vodafone, it lost 5.85p to 186.15p after US partner Verizon denied reports it had any current intention of bidding for the UK mobile phone group.
As for Vodafone, it is down 4p at 188p after US partner Verizon denied reports it had any current intention of bidding for the UK mobile phone group.
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