Alum John Oros Sees Opportunities in Federal Bailout & Firm Fire Sales
John Oros
John Oros, managing director of JC Flowers, a private equity firm based in New York, is among the major players working to help clients benefit from the $700 billion federal bailout, according to an article in the New York Times. The article outlined Oros’ involvement this fall in negotiations involving such front-page newsmakers as A.I.G., Bank of America, Lehman Brothers and Merrill Lynch.
Oros, who earned his BBA from the Wisconsin School of Business in 1971, was chairman of a financial industry council that advised bank regulators during the savings and loan crisis of the 1990s. He is among other Resolution Trust Corporation (RTC) veterans of the ‘90s now sought after for their expertise in the current economic meltdown.
According to the article: “Although the financial meltdown is a disaster for the country, Mr. Oros said, ‘the opportunity going forward is unprecedented. It is fantastic. It is as if I had been training for this for the last 40 years of my career.”’
In September, Oros shared his experience during a live web cast at the Wisconsin School of Business on the current state of financial markets and the government policy response.
Read the New York Times article:
View the web cast:
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