Pontoon (boat) Pontoon (boat) A pontoon boat is a flattish boat that relies on pontoons to float. These pontoons (also called "tubes") contain a lot of reserve buoyancy and allow designers to create massive deck plans fitted with all sorts of accommodations, such as expansive lounge areas, stand-up bars, and sun pads. Better tube design has also allowed builders to put ever-increasing amounts of horsepower on the stern. Pontoon boat drafts may be as shallow as eight inches, which reduces risk of running aground and underwater damage. The pontoon effect is when a large force applied to the side capsizes a pontoon
Trimaran Capital Partners a considerable boost for its investment banking operations in the U.S. and for Bloom, Heyer and Kehler. In fact, CIBC’s gain on its investment in Global Crossing would represent more than 20% of the bank's profits in 2000. Trimaran was founded in 2000, effectively on the back of the success of the Global Crossing investment. In April 2001, Trimaran closed on a $1 billion fund with capital provided primarily by CIBC. The investment banking operations of CIBC World Markets reached their peak in 1999 and 2000, when the bank cracked the top ten of U.S. issuers of high yield bonds