By Roy Furthgott
David Pullman, managing director of Pullman Group, made his fame on Bowie Bonds, in which he packaged future royalties from David Bowie's 300-some song catalogue as a $55 million bond. He followed it with bonds from the Motown producing-songwriting hit machine of Brian Holland, Lamont Dozier and Eddie Holland, authors of "Baby Love", and "Ain't Too Proud To Beg," and from other songwriters with enough royalties to package and sell.
Now Mr. Pullman, with Barnumesque brio, is about the announce a similar deal, which says will be in the "eight figures," for the hits of Nick Ashford and Valerie Simpson, including "Ain't No Mountain High Enough" and "Reach Out and Touch (Somebody's Hand)."
Ann Schmid, who manages bonds for private investors at Horan & Associates in Baltimore likens securing a bond on royalties to hitching it to Hula Hoop sales. But Mr. Pullman is upbeat. "Everybody and their brother has tried to copycat us, but nobody can," he boasts.
THE NEW YORK TIMES SUNDAY, November 29, 1998.