Alfred Brittain III, the former chairman and chief executive officer of Bankers Trust New York Corp. who raised profits by exiting retail banking to focus on lending to companies and other banks, has died. He was 88.
Allan W. Rogers, who headed U.S. Treasury trading at Bankers Trust Corp. from 1977 to 1989, a period when the 10-year note’s yield went from 8 percent to almost 16 percent and back, retired from CRT Capital Group LLC.
From offices in Omaha and Silicon Valley, Stephen George took Jeff Skoll’s fortune and helped create a family office that invested like a private-equity firm, taking bets on technology, healthcare and clean energy.
Leon Black, who made billions by buying up debt of companies in the U.S. and Europe that others deemed worthless, is turning to emerging markets as the next source of growth for his $161 billion money management firm.
It’s good to be the chief executive officer of a company that’s about to ship 500 million diapers in a single year. For one thing, you get to drive a golf cart as fast as you want in your new 1,250,000-square-foot warehouse.