Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Alumni
  • Login
  • Volunteer
  • Clubs
  • Reunions
  • Magazine
  • Class Notes
  • Help
  • Give Now
  • Stories
  • Alumni Directory
  • Lifelong Learning
  • Careers
  • Programs & Events
  • Giving
  • …→
  • Harvard Business School→
  • Alumni→
  • Stories→

Stories

Stories

01 Mar 2010

Sunshine State

Re: Jeff Greene (MBA 1979)
Topics: Finance-MortgagesCompetency and Skills-Experience and ExpertiseEconomics-Economic Slowdown and Stagnation
ShareBar

GREENE: Sitting pretty after hedging his bets.

Carl Juste/Miami Herald

Riffing off the famous opening lines of the novel One Hundred Years of Solitude, reporter John Dorschner set the stage in the Miami Herald (December 7, 2009) for the saga of Jeff Greene (MBA ’79): “Years later, as he faced the implications of his audacious $800 million bet against subprime mortgages, Jeff Greene was to remember that distant day when his father took him to discover vending machines.”

Indeed, Greene never forgot when he was 14 and living in Worcester, Massachusetts, and his father was forced to take a job filling vending machines after his textile-equipment business collapsed. The younger Greene ended up making a fortune in Southern California real estate; later, his success at subprime hedging earned him the title “The Meltdown Mogul” from the Wall Street Journal.

Once the host of star-studded parties at his Malibu home, Greene is now a married man (boxer Mike Tyson was his best man) and a father, living in South Florida, enjoying perks such as a 145-foot yacht. As for real estate, Greene is staying away from it; he predicts that “there will be a lot of foreclosures in 2010, especially in retail, office, hotels, and high-end homes.”

ShareBar

Featured Alumni

Jeff Greene
MBA 1979
Login to send a message

Post a Comment

Featured Alumni

Jeff Greene
MBA 1979
Login to send a message

Related Stories

    • 01 Sep 2018
    • HBS Alumni Bulletin

    After the Fall

    Re: Hank Paulson (MBA 1970); Robin Greenwood (George Gund Professor of Finance and Banking Senior Associate Dean for Faculty Development and Research); David S. Scharfstein (Edmund Cogswell Converse Professor of Finance and Banking); Victoria Ivashina (Lovett-Learned Professor of Business Administration Anne and James F. Rothenberg Faculty Fellow Unit Head, Finance); Samuel G. Hanson (William L. White Professor of Business Administration); By: Jennifer Myers; illustration by Dan Bejar
    • 02 May 2013
    • Alumni Stories

    Mindful of Bubbles in a Boom for Deals

    By: Matthew Rhodes-Kropf
    • 01 Mar 2012
    • Alumni Stories

    She’s Got Your Back

    Re: Angie Hicks (MBA 2000); Bill Oesterle (MBA 1992); Bill Corbin (MBA 1968); By: Julia Hanna
    • 01 Jun 2011
    • Alumni Stories

    Faculty Books

More Related Stories

Stories Featuring Jeff Greene

    • 10 May 2010
    • Alumni Stories

    HBS Alum Joins Senate Race

    Re: Jeff Greene (MBA 1979)
 
 
 
ǁ
Campus Map
External Relations
Harvard Business School
Teele Hall
Soldiers Field
Boston, MA 02163
Phone: 1.617.495.6890
Email: alumni+hbs.edu
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
  • Terms of Use
Copyright © President & Fellows of Harvard College.