Lewis Ranieri
American businessman
Nº Q6536992 ★★
Uncommon · People
Lewis Ranieri
American businessman
Lewis S. Ranieri (; born 1947) is a former bond trader, and founding partner and current chairman of Ranieri Partners, a real estate firm. He is considered the "father" of mortgage-backed securities, along with Anthony J. Nocella, former CEO of Franklin Bank, for his pioneering role in their emergence in the 1970s during his tenure in Salomon Brothers, where he reached the position of Vice Chairman.
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From Wikipedia
Lewis S. Ranieri (; born 1947) is a former bond trader, and founding partner and current chairman of Ranieri Partners, a real estate firm. He is considered the "father" of mortgage-backed securities, along with Anthony J. Nocella, former CEO of Franklin Bank, for his pioneering role in their emergence in the 1970s during his tenure in Salomon Brothers, where he reached the position of Vice Chairman. Although he was named by BusinessWeek in 2004 as "one of the greatest innovators of the past 75 years", he was later strongly criticized for his role in the subprime mortgage crisis of 2007–09.
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