Two Chief Financial Officers of two top-rated insurance companies, New York Life’s John Kim and Western & Southern’s Nick Sargen share their portfolio strategies.
Nick Sargen
SARGEN & LIPSKY: THE DECLINE OF U.S. FINANCIAL DOMINANCE
It has been four years since the start of the worst financial crisis in the post war era. It feels like a lifetime to me. Lehman Brothers filed for bankruptcy in September 2008, tipping the world into a systemic financial meltdown which we have been recovering from ever since. It’s helpful to step back every once and while and see how far we have come since the market lows of March 2009, when the S&P closed under 700. It has more than doubled since then, but oh what a ride it has been!
