Word: josepher
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Frederick H. Joseph ’59, who was known for heading several prominent Wall Street companies over his long career, passed away on Friday...
...Although Joseph was involved in a widely-publicized Wall Street scandal in the late 1980s, he is remembered by many of his classmates at Harvard Business School—where he graduated in 1963—for his leadership in business and nonprofit work...
...Joseph served as CEO of Drexel Burnham Lambert Inc. from 1985 until the firm’s collapse in 1990. Before scandal struck, Drexel profited in the 1980s from selling junk bonds, but then Michael R. Milken, a trader under Joseph’s supervision, was imprisoned for 22 months and fined $600 million for violating U.S. securities law, according to Bloomberg News. While Joseph faced no criminal charges, he was banned for a time from assuming another position as a Wall Street CEO, according to Portfolio.com’s “Worst American CEOs of All Time?...
...captain of the ship, and in navy terms, if you’re the captain and the ship has trouble, the captain takes responsibility—he always took responsibility,” said Charles D. Ellis, a classmate of Joseph at HBS who worked with him at Drexel. “I’m a very tough person on integrity. I have known Fred quite well and stayed with him all the way through...
...orbit, Richard learns how to light a match in the coolest possible way, how to impress a girl and, like Icarus, he discovers what happens when you get too close to a star. He rubs elbows with plenty of real people who were fast becoming Welles' loyalists, like Houseman, Joseph Cotton (James Tupper), George Coulouris (Ben Chaplin) and radio star Les Tremayne (Michael Brandon) as well as one fictional dream girl, Sonja (Claire Danes), a Vassar grad who functions as the production's girl Friday and occasionally, as Welles requires it, geisha to the resident genius. (Watch an interview with...