Bond Trader Tapped To Coach Oregon State Basketball

Craig Robinson has gone from trading bonds for Morgan Stanley to coaching basketball at Oregon State, widely considered to be one of the toughest jobs in college basketball. The job was offered to at least three other top coaches before Robinson finally agreed to leave his spot as head coach at Brown.

Robinson graduated from Princeton, where he was a basketball star, and got an MBA in finance from the business school at the University of Chicago. After a stint at playing professional basketball in Europe, Robinson was a bond trader at Continental Bank, Morgan Stanley Dean Whitter and Loop Capital Markets, a minority owned investment banking firm.

Turning around Oregon State's team will be a challenge for Robinson, perhaps harder than a bond trader trying to dig his way out of a portfolio heavily invested in adjustable-rate mortgages. Robinson, however, comes from a family with grand ambitions. His brother-in-law is Barack Obama.

The Unlikely Candidate
[SI.com]

Comments

1

Posted by Jmoney, Jun 03, 2008 9:38PM

Is there any reason to add that Loop is a minority-owned firm?

2

Posted by guest, Jun 04, 2008 6:19AM

Minority-owned firms have special status, particularly in government underwritings. Being minority-owned is such an important part of the business model for these guys that they're always described as such.

3

Posted by Jmoney, Jun 04, 2008 5:16PM

Well, that sucks. Nothing to brag about.

4

Posted by guest, Jun 06, 2008 4:17PM

That's intelligent - It "sucks"? I don't think they're bragging; if it's an important part of the business model (which, I concur, it is) and they are typically referred to as minority-owned, then...who cares...besides you? Some people might actually be interested in that information.

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