Howard Sosin

Howard Sosin was born in Illinois, and for a time was an associate professor at the Columbia Business School.^{[citation needed]} He spent his early career at Bell Labs and subsequently moved to Drexel Burnham Lambert. In 1987, claiming to have "a better model for valuing interest rate swaps," he and two colleagues left Drexel to found American International Group Financial Products, where they took advantage of a triple-A balance sheet to pioneer the creation of many long-dated over-the-counter derivative products.^[1] Sosin left AIG in 1993 after a falling out with Chairman Maurice "Hank" Greenberg.^[2]

References[edit]

^ "The Man Who Crashed the World | Vanity Fair | August 2009". Vanity Fair | The Complete Archive. Retrieved 2021-04-08.
^ Dennis, Robert O'Harrow Jr and Brady (2008-12-29). "The Beautiful Machine". ISSN 0190-8286. Retrieved 2021-04-08.

External links[edit]

Howard Sosin's Plan to Return Insolvent Banks to Financial Health - Big Think
The World According to Lee Wakeman - on Howard Sosin and financial derivatives
Cheating Wife Awarded More Than $40M - San Francisco Chronicle
Wife Cheats on Husband, Gets $40M in Divorce - FOX News
Settlements and Verdicts:Howard Sosin - Lawyers and Settlements
Record $24m awarded in divorce - Connecticut Post
The Beautiful Machine - The Washington Post

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[1] "The Man Who Crashed the World | Vanity Fair | August 2009". Vanity Fair | The Complete Archive. Retrieved 2021-04-08.

[2] Dennis, Robert O'Harrow Jr and Brady (2008-12-29). "The Beautiful Machine". ISSN 0190-8286. Retrieved 2021-04-08.

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