He still likes handling money

That would be Alan "Ace" Greenberg, the former chairman of Bear Stearns, who Q'd and A'd with Deborah Solomon in the NYT magazine.

Now that you work at JP Morgan Chase, which picked up Bear Stearns after its stock price fell to $2 a share, what do you do all day exactly?

Handle my own money. Handle clients' money. It's like a game. You win some; you lose some.

You say in your book that a phone conversation that lasts longer than 30 seconds has reached a point of diminishing returns.

My wife made me get a cellphone, which I keep in my briefcase. I've never used it.

Do you e-mail your clients?

No. I never use e-mail. The girls use the e-mail.

Are you referring to your secretaries? You should call them women, not girls.

They don't mind. They've been with me 25 years.

Greenberg is 82. Guess he gets a free pass.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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