Barclay Knapp is a Senior Fellow in the Center for Financial Economics at The

Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consi ...

, and has formed Charles Street Partners, to pursue financing and management opportunities in the telecommunications industry. He co-founded Cellular Communications Inc. (CCI), serving as CFO and later as President and COO. Knapp later co-founded International CableTel, later known as NTL Incorporated and ultimately as what today is known as Virgin Media. Knapp built up

NTL NTL may refer to: Companies * NTL Incorporated and NTL Internet, later Virgin Media, communications media company ** NTL Ireland, later Virgin Media Ireland * Arqiva, UK company formerly ''NTL Broadcast'' and ''National Transcommunications L ...

to a high of 21

billion Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i. ...

pounds in 2000 and then presided over a financial restructuring that, while it almost wiped out the company share price, preserved the business and ensured creditors and other stakeholders participated in the restructured business that emerged after the deep worldwide recession that followed the bursting of the “telecom bubble” that prompted the restructuring. NTL was one of the largest restructurings of that time (early 2000s) that did not involve any significant scandals or wrongdoing, at the same time that Enron, Adelphia, Worldcom and others exposed massive fraud.
Barclay Knapp: 'I'm chastened and humbled'
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References

Johns Hopkins University alumni Living people Year of birth missing (living people) Johns Hopkins University fellows People from Bellevue, Nebraska People from Sarpy County, Nebraska {{US-business-bio-stub