Lewis Ranieri American Finance Professional
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Lewis Ranieri is a member of the following lists: 1947 births, American financiers and St. John's University (New York) alumni.
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Details
| Birthday |
30th November, 1946
|
| Birthplace |
Brooklyn, New York City
|
| Nationality |
American
|
| Occupation Text |
Bond trader, Banker
|
| Occupation |
Finance Professional
|
Lewis S. Ranieri (; born 1947) is a former bond trader, founding partner and current chairman of Ranieri Partners, a real estate firm. He is considered the "father" of mortgage-backed securities, 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.