Stephen King started his career in finance at Bankers Trust in 1997 as a computer scientist with a business degree. He worked on structured credit transactions when credit derivatives were just being invented. In 2005, King joined Barclays’ structured credit group, where he managed a CDO (collateralized debt obligation) correlation desk that was different from standard dealer CDO units. In 2009, he launched C12 Capital Management to relieve Barclays of distressed subprime positions. Presently, King finances and builds luxury hotels as founder and CEO of Sardis Developments. This Lessons Learned summary is based on an interview with King.
Lieber, Matthew A. and Kasoff, Steven H.
"Lessons Learned: Stephen King,"
The Journal of Financial Crises: Vol. 4
Iss. 1, 425-428.
Available at: https://elischolar.library.yale.edu/journal-of-financial-crises/vol4/iss1/16
Economic History Commons, Economic Policy Commons, Finance Commons, Finance and Financial Management Commons, Growth and Development Commons, Policy Design, Analysis, and Evaluation Commons, Public Administration Commons, Public Policy Commons