Ad
related to: salomon brothers lewis ranieri obituarygo.newspapers.com has been visited by 100K+ users in the past month
- New and Updated Papers
View the Available Newspapers
And Select the One You Prefer.
- News Clippings
Time Travel! Enjoy news clippings
from the 1690s to the present.
- Topics
Browse a huge variety of topics
from Historical to Weird News.
- Start Your Free Trial
Sign up for our 7-day free trial
and access historic news pages.
- New and Updated Papers
Search results
Results from the WOW.Com Content Network
Lewis S. Ranieri (/ r ə n i ˈ ɛ r i /; born 1947) is a former bond trader, and founding partner and current chairman of Ranieri Partners, a real estate firm. [1]He is considered the "father" of mortgage-backed securities and co-founder of mortgage-backed securities with Anthony J. Nocella former CEO of Franklin Bank, for his pioneering role in their emergence in the 1970s, during his tenure ...
Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City.It was one of the five largest investment banking enterprises in the United States [2] and a very profitable firm on Wall Street during the 1980s and 1990s.
John Halle Gutfreund [1] (14 September 1929 – 9 March 2016) was an American banker, businessman, and investor. He was the CEO of Salomon Brothers Inc., an investment bank that gained prominence in the 1980s.
For premium support please call: 800-290-4726 more ways to reach us
Liar's Poker is a non-fiction, semi-autobiographical book by Michael Lewis describing the author's experiences as a bond salesman on Wall Street during the late 1980s. [1] First published in 1989, it is considered one of the books that defined Wall Street during the 1980s, along with Bryan Burrough and John Helyar's Barbarians at the Gate: The Fall of RJR Nabisco, and the fictional The Bonfire ...
The deal, engineered by Sandy Weill, gave Citigroup the investment banking operations of Salomon Brothers, which at the time was the industry’s largest underwriter of municipal bonds and ...
Lewis Ranieri, a Salomon Brothers' employee, had created the only viable mortgage trading section, so when the law passed, it became a windfall for the firm. However, Lewis believed that Salomon Brothers became too complacent in their new-found wealth and took to unwise expansion and massive displays of conspicuous consumption.
1977: Salomon Brothers attempts creation of a "private label" mortgage backed security (one that doesn't involve GSE mortgages). It fails in the marketplace. [13] Late 1970s: Lewis Ranieri and Larry Fink (First Boston) invent securitization; mortgages are pooled and the pool is sliced into tranches, which are then sold to investors. [14] [15]
Ad
related to: salomon brothers lewis ranieri obituarygo.newspapers.com has been visited by 100K+ users in the past month