Financial Services >> CEO Interviews >> July 9, 2001

Eric Billings – Friedman, Billings, Ramsey Group Inc (fbr)

ERIC F. BILLINGS is the Vice Chairman and Co-Chief Executive Officer of Friedman, Billings, Ramsey Group, Inc. He co-founded the company ' one of the most successful capital markets and private equity firms in the nation ' in 1989 with Emanuel Friedman and Russ Ramsey. Mr. Billings is also the Chairman and Chief Executive Officer of FBR Asset Investment Corporation, a REIT that invests in real estate-related assets and securities, as well as other investment areas directly and indirectly through investments in other companies. Mr. Billings began his career in investment management in 1981 at Legg Mason Wood Walker & Co., Inc. In 1984, he joined Johnston, Lemon & Co., Inc. There, Mr. Billings served as Senior Vice President and developed his portfolio management expertise by managing a number of discretionary accounts. Mr. Billings contributes to a variety of charitable organizations, both personally and through the Friedman, Billings, Ramsey Charitable Foundation. He currently sits on the Boards of Wish Friends, Inc., The Washington Scholarship Fund, and Catholic Charities. He is the Chairman of the Center City Consortium Capital Campaign, Co-Chair of the Cardinal's Appeal, and a founding member of the Bethesda Big Train Baseball Club. He was born in Boston, MA, and is a graduate of the University of Maryland with a BA in Economics and Finance. Profile
TWST: Could we begin with a historical sketch of Friedman, Billings,

Ramsey Group and an overview?

Mr. Billings: We started the company 12 years ago in July 1989 with a

core group of