Jessica Bibliowicz is president and CEO of National Financial Partners, a New York City-based independent financial services distribution system. She signed on as CEO when the company was formed with $125 million of capital from Apollo Management LP, a leveraged buyout firm.
Jessica is a graduate of Cornell University and the daughter of Sanford I. Weill, chairman and CEO of Citigroup. She lives with her husband and two children in Metro NY.
If you talk to private equity people at NFP, they'd say leverage and do all these crazy things, so I feel very similarly personally, that if you are in debt, and you're taking a big risk, you're putting an enormous amount of pressure on yourself and you have to have, I think a much more conservative...(Full transcript available to logged in subscribers.).
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