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NYC Roots
- Michael Levy's grandparents emigrated from Russia to Brooklyn in the 1910s.
- He was raised in Port Washington, Long Island, and attended NYU Stern and Brooklyn Law School.
Wall Street Journey
- Levy's career began at Prudential Securities, followed by Solomon Brothers, which was acquired by Smith Barney, then Citibank.
- He found the corporate environment at Citibank unsuitable and moved to Morgan Stanley.
2008 Lessons
- The 2008 financial crisis taught Levy the dangers of leverage and unchecked growth.
- Alignment between employees and investors is crucial for responsible leverage use.