Michael Satz Email & Phone Number

BarterQuest is a website that supports the cashless exchange of all types of goods, services, and real estate (temporary use and permanent exchange). Launched in December 2008, the site uniquely combines user friendly features with patented technology to facilitate barter. A matching engine instantly matches both the haves and wants of users for two party and multi-party trades. A trading engine allows users to negotiate and complete their trades by means of offer, counter offer, acceptance, and confirmation. An on site non-cash exchange currency (redeemable for U.S. Dollars) can be used to equalize trading values or to acquire items on the site.

Big League is a national franchisor of sports themed, male oriented barber shops operating throughout the United States.

Gemma Kahng is a designer and manufacturer of luxury dresses, separates, and outerwear for the sophisticated woman who wants to make a unique fashion statement. Gemma Kahng is for the woman seeking “the next classic.” The company represents a restart for Gemma Kahng, a well respected brand in fashion circles.

Managed the turnaround of ACA from 2000 to 2004, including the implementation of an innovative business plan that relied on a "money good" standard for financial guarantee insurance (as opposed to "no loss"). During this period, the company emphasized limited exposure to individual risk and portfolio risk management. From an "A'" rated insurance platform, the company offered financial guarantee insurance for low investment grade and below investment grade municipal bonds, originated and acted as asset manager for CDOs, and structured risk management solutions.

Founded Capital Re as a "AAA" rated financial guarantee reinsurance company. "AA" and "A" rated reinsurance companies were operated under the same holding company system. The holding company offered diversified financial lines, pioneering the expansion of its credit enhancement and structured finance capabilities into mortgage insurance, title insurance, trade credit insurance and alternative risk transfer. Capital Re was the first insurance company to offer credit default swaps to the capital markets. Assured Guaranty is the successor corporation.

Joined AMBAC, then a "AAA" rated municipal bond insurer, as the first general counsel in the financial guarantee insurance industry. As COO, became responsible for the general operations the company, including risk management and risk syndication (reinsurance). Integrally involved in shaping the municipal bond insurance business model. Established the legal function; authored the standard policy wording (the terms and conditions of the insurance obligation); involved in drafting the governing regulations; founded the industry trade association (AFGI) and was its first president; and involved in the development of various "rules of engagement" (including the accounting standards for loss reserves, the methodology for earnings recognition in the event of the refunding of insured bonds, underwriting process and procedures, and the rating agency capital adequacy model for municipal bond insurance and their criteria for the structured ratings of monoline municipal bond insurers).

Corporate and municipal finance.

Jd, Law

Ba, Political Science

Activities and Societies: Phi Kappa Phi