Gerald J. Ford
Gerald J. Ford is an American attorney and businessman.
Biography
Early life
Gerald Ford was raised in Pampa, Texas, and attended Pampa Senior High School. He graduated from Southern Methodist University in the Dallas enclave of University Park, Texas in 1966, where he was a member of the Alpha Tau Omega fraternity. He received a J.D. from the SMU School of Law in 1969.Career
He is former chairman of the board and chief executive officer of Golden State Bancorp, Inc., headquartered in San Francisco. It was a holding company for the nation's second largest thrift institution and California's fourth largest bank. In 2002, he sold it to Citigroup for $6 billion. He is currently chairman of the board of Hilltop Holdings, a bank and insurance holding company. He is also the non-executive chairman of the Boards of Directors of Freeport-McMoRan, the world's largest publicly traded extractor of copper and gold.He has also invested in First Acceptance Corporation, Pacific Capital Bancorp, Golden State Bancorp, FSB Rio Hondo Land & Cattle Company, Diamond Ford, Dallas, Scientific Games Corp., SWS Group ; American Residential Cmnts LLC. His other investments include the auto-finance company AmeriCredit, Pacific Capital Bancorp and 120,000 acres of rangeland in New Mexico.
Ford has a history of buying banks, re-organizing them, and subsequently selling them at a substantial profit, with , being most notable wins.
In a 2010 interview on entrepreneurship with Forbes, he suggested reading The Great Gatsby by F. Scott Fitzgerald, The Financier by Theodore Dreiser, The Bonfire of the Vanities by Tom Wolfe, Too Big to Fail by Andrew Ross Sorkin and The Big Short by Michael Lewis.