Michael Callen, "U.S. Credit and Liquidity Crisis" - Haas School

Michael Callen, Chairman and CEO of Ambac Financial Group, speaks on "U.S. Credit and Liquidity Crisis and Lessons Learned," as part of the Deans Speaker Series, Haas School of Business, UC Berkeley.

In January 2008, former Citicorp director Michael Callen took the helm of New York-based Ambac Financial Group, one of the worlds largest bond insurers. With his new title, he inherited billions of dollars of debt tied to risky subprime mortgage bonds. (October 29, 2008)

The University of California Berkeley Haas School of Business is one of the world's leading producers of new ideas and knowledge in all areas of business - which includes the distinction of having two of its faculty members receive the Nobel Prize in Economics over the past 15 years. The school offers six degree-granting programs. Its mission is to develop innovative business leaders - individuals who redefine how we do business by putting new ideas into action, and who do so responsibly. The school's distinctive culture is defined by four key principles - question the status quo; confidence without attitude; students always; and, beyond yourself.

Visit our website at http://haas.berkeley.edu

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[pamelbia2011]

Thanks for summarizing the lessons learned.

[tradernorton05]

He and sugar-babbi fuck each other in the ass while roy watches.