Alan C. Greenberg

Alan Courtney "Ace" Greenberg (September 3, 1927 – July 25, 2014) was an American businessman who was an executive at The Bear Stearns Companies, Inc., serving as its CEO from 1978 to 1993 and Chairman of the Board from 1985 to 2001.

Early life and education Greenberg was born in Wichita, Kansas but raised in Oklahoma City in an upper-middle-class neighborhood to a Jewish family, one of three children of Theodore and Esther Greenberg. His father owned a woman's clothing store and was part of an extended family that operated clothing stores Greenberg pursued a career on Wall Street after college, accepting a position as a clerk at Bear Stearns for $32.50 per week.

While serving as chairman of the executive committee of Bear Stearns, Greenberg oversaw the collapse of the company in March 2008. He was subsequently involved in the talks with JPMorgan Chase which eventually bought out the failing company. Fortune reported that Greenberg agreed to join JPMC as vice chairman of Bear's retail business. Greenberg was the financier of Kaufman and Greenberg, a company he set up with Richard Kaufman to publish magic books. In 1998, Greenberg donated $1 million to New York City's Hospital for Special Surgery to underwrite sildenafil prescriptions for impotent men without necessary income. UJA-Federation of New York named him "a giant in our community and a stalwart champion of the Jewish people, both at home and in Israel." Greenberg stated and he told People that his wife Kathryn told him, "You do some nutty things, you've made your money, and you can spend it any way you want."

Personal life Alan Greenberg was married twice: His first wife was Ann Greenberg, whom he divorced in 1976. They have two children: Lynne is remarried to Caleb Koeppel, son of Alfred J. Koeppel. Ted Greenberg who works, as his father did, in risk arbitrage at Dresdner Kleinwort, a subsidiary of Dresdner Bank in New York City. Ted is a graduate of Harvard University and was also a writer in the 1980s for Late Night with David Letterman on NBC.

Death On July 25, 2014, Greenberg died of cancer. and was second in the Reisinger later that year.

Wins

North American Bridge Championships (1) Reisinger (1) 1977

Runner-up finishes

North American Bridge Championships (1) Reisinger (1) 1981