Howard Sosin was born in
Illinois
Illinois ( ) is a state in the Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria and Rockf ...
, and for a time was an
associate professor at the
Columbia Business School. He spent his early career at Bell Labs and subsequently moved to
Drexel Burnham Lambert. In 1987, claiming to have "a better model for valuing interest rate swaps," he and two colleagues left Drexel to found
American International Group Financial Products, where they took advantage of a triple-A balance sheet to pioneer the creation of many long-dated over-the-counter derivative products. Sosin left AIG in 1993 after a falling out with Chairman Maurice "Hank" Greenberg.
References
External links
Howard Sosin's Plan to Return Insolvent Banks to Financial Health- Big Think
The World According to Lee Wakeman- on Howard Sosin and financial derivatives
Cheating Wife Awarded More Than $40M- San Francisco Chronicle
- FOX News
Settlements and Verdicts:Howard Sosin- Lawyers and Settlements
Record $24m awarded in divorce- Connecticut Post
- The Washington Post
American financial businesspeople
Living people
People from Illinois
Year of birth missing (living people)
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