As the 2008 financial crisis raged, one Miami banker briefly shot to fame, not infamy, by selling his company and showering $60 million on people below him, including the clerks and tellers.
That act made Leonard Abess an aberration of the era, a banker so good or lucky he escaped an industry on the brink of collapse with both fortune and reputation intact. Within months, Barack Obama praised Abess in his first address to a joint session of Congress, prompting a standing ovation.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]