He spent twenty-three years at Bankers Trust and was a member of the Management Committee when they sold themselves to Deutsche Bank.
On June 22, 2007, Bear Stearns pledged a collateralized loan of up to $3.2 billion to bail out the High-Grade Structured Credit Fund.
[3] The blog had mostly innocuous entries, chiefly concerning his critiques of movies, his travel to Saudi Arabia and elsewhere, and how he lost weight after bariatric surgery.
It also stated that in dealing with the crisis over Bear Stearns' hedge funds he felt like Leonidas and the Spartans fighting off the Persians in 300.
Twenty-four hours later Marin was relieved from his major duties at Bear Stearns and shunted aside to a job as an adviser.