Financial Services >> CEO Interviews >> September 30, 2002
HENRY D. EDELMAN joined Farmer Mac in June 1989 as the President and CEO
of the newly formed corporation. During his tenure, Farmer Mac
established its operations, obtained an enhanced charter from Congress,
and has averaged a 58% growth rate in outstanding guaranteed securities
for the last three years. Before joining Farmer Mac, Mr. Edelman was
First Vice President for Federal Government Finance of PaineWebber
Incorporated, beginning in 1986. Among other duties during that period,
he served as the outside financial advisor for loan asset sales to the
Small Business Administration and the U.S. Department of Housing and
Urban Development, and was responsible for the firm's investment banking
services to federal agencies and government-sponsored enterprises.
Previously, he was Director of Financing, Investments and Capital
Planning at General Motors Corporation in New York, New York. Mr.
Edelman is a graduate of Colgate University (BA, MA 1970) and of The
Cornell Law School (JD 1973). Profile
TWST: Could you start us off with a quick overview of FederalAgricultural Mortgage Corporation?
Mr. Edelman: Farmer Mac was chartered by Congress to establish a
secondary market for