Remembering Ace Greenberg, the 'last of a breed'

Wall Street Bull

There's a reason that people keep using the phrase "last of a breed" to describe Alan "Ace" Greenberg, the former Bear Stearns CEO who died Friday.

There's a reason that people keep using the phrase "last of a breed" to describe Alan "Ace" Greenberg, the former Bear Stearns CEO who died Friday.

Greenberg, 86, was an icon of a long-past time on Wall Street, a mailroom clerk made good, and the world of finance remembered him after word of his passing.

In a memo to JPMorgan employees Friday, CEO Jamie Dimon - himself fighting cancer - paid tribute.

"It's hard to imagine a financial services industry without Ace. In many respects, he epitomized the American dream, rising from a clerk to the corner office during his 65 years with the firm," he wrote.

 

JefferiesAnd the Best Place to Work in the global financial markets 2015 is...

Register for Financial Markets News Alerts