John Gutfreund
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This article is about a banker. For other people, see Gutfreund.
John H. Gutfreund (born September 1929[1]) is the former CEO of Salomon Brothers Inc, an investment bank that gained notoriety in the 1980s. Gutfreund turned Salomon Brothers from a private partnership into a publicly traded corporation [2] which started a trend in Wall Street for investment companies to go public.[3] He became the icon for the excess that defined the 1980s culture in America. In 1985, Business Week gave him the nickname "King of Wall Street".
[edit] References
- ^ Ex-Salomon Chief's Costly Battle, The New York Times, August 19, 1994
- ^ Michael Lewis, The End, Portfolio.com, 11 November 2008
- ^ Liars Poker II, Timesonline