All right, Michael, thanks so much for taking the time to join me today.

Good, my pleasure.

So I'd love for us to start out and give the listeners a kind of short summary of your bio.

Sure, sure. I'm a real anomaly in the investment banking world. I think I'm about 38 years of doing this,

and most people are playing golf in my age or do some other fun things.

But I really like investment banking.

So if anyone out there is looking for an exciting career that's stimulating, that every day is interesting,

it just might not be a good day versus a bad day.

Investment banking does it for me.

So, yeah, my background, I was an undergraduate accounting major

at Georgia Washington University, and I never knew what accounting was until I went to college.

Nobody in my family was even near that. And I was working on Capitol Hill, working for a U.S. Senator.

And school was just something I did to get a degree, and then my senator lost.

So I wanted to stay in the Hill, and I went to GW for an MBA, and he lost, and I went to work for Ernst & Young and got my CPA there and worked

there for a couple of years and this right around that time, I just in baking.

This is in the early 80s.

It was dormant for quite some time and I thought I'd give it a try, and I married a woman from Philadelphia and joined a firm called Butcher and Singer, which isn't around any longer as part of Wachovia.

But we were the big Philadelphia investment bank, and back then we were doing new issue business, or is not such thing as private equity.

There was a couple of family offices and companies and a family that needed liquidity when

public.

And I think there were five, six hundred IPOs a year and there was a whole infrastructure

built on doing IPOs. And I'll get into that a little later why that

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