19: From Banker to Teacher to ... Something in Between
Scott Rostan used to be a mergers a acquisitions banker for Merrill Lynch. Then he was a high school teacher. He eventually found a happy medium training bankers and business school students how to do their jobs. He founded Training The Street in 1999, signing up bulge-bracket banks and universities as clients and developing a 35-person global team to teach techniques on valuation, accounting and financial analysis. He explains some of his methods and shares his own experiences in boardrooms, including a tense bidding war between Norfolk Southern Corp. and CSX Corp. for Conrail Inc., and how that battle parallels today's hostile railroad consolidation talks. Plus, Bloomberg MaA reporter Ed Hammond stops by to update host Alex Sherman (back from paternity leave) on Virgin America's talks to be acquired by JetBlue Airways and Alaska Air.
