Henry Kaufman
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Title: Henry Kaufman

Essay Details:

Subject: Biographies
Author: Marcus M
Date: January 7, 2015
Level: University
Grade: A
Length: 2 / 368

Essay text:

By 1962, Kaufman was hired by Solomon Brothers Inc. as a managing director. Solomon Brothers was where the success of Kaufman really came about. His contributions to the rise of economic and financial forecasting made him a Wall Street leader who often was able to move markets (http://www.businessweek.com.) Kaufman became one of the most powerful people on Wall Street with the call he made during the 1966 credit crunch. Kaufman made forecasts through intuition and good judgment. One idea that Kaufman has analyzed is the securitization of credit which is the conversion of non-marketable assets into marketable assets that can be prices to market and traded...

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