Park Ryan Inc. was a municipal bond firm on Wall Street, founded in 1953 by Darragh A.
[1] The firm, based at 70 Pine Street (the American International Building) specialized in government tax-exempt bonds, and later in sinking fund financing.
[citation needed] Park, Ryan participated in numerous syndicates for bond offerings led by large investment banks such as Goldman Sachs, Merrill Lynch, and Dillon, Read & Co., occupying a secondary position alongside such firms as Roosevelt & Cross, Kean, Taylor & Co., and G.H.
[6] Collins decided to close and liquidate Park, Ryan in 1979 in response to declines in the bond market caused by the Federal Reserve's tighter monetary policy.
McEntire III purchased the firm's name, and opened several branch offices outside of New York.