Michael A J Farrell Net Worth is40.4 $Million
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Michael A.J. Farrell built Annaly Capital Management Inc. into the worlda??s largest mortgage real estate investment trust. He passed away in October of 2012 after being diagnosed with cancer.
Farrell, who graduated high school at 16 with plans to become a commercial artist, instead went to Wall Street, beginning at E.F. Hutton & Co. in 1971. After stints at Morgan Stanley and Merrill Lynch & Co., he started Annaly in 1997 and increased assets to about $128.3 billion at the end of June, turning the firm into one of the largest buyers of home loan debt backed by the U.S. He branched out with separate companies that buy non-agency bonds and commercial real estate securities.

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Michael A J Farrell Latest News

MICHAEL FARRELL

FARRELL--Michael A.J. Chairman and CEO of Annaly Capital Management ... (nee Flynn); his four children, Kelly Ziek, Caitlin Farrell, Michael Farrell, and Taylor Farrell; his siblings, Thomas Farrell, Barbara Farrell, Noeleen Farrell, Patricia Washington ...
Posted: October 22, 2012, 5:00 pm

Annaly Capital Management Releases “Letter from a Washington Conference Room,” a commentary by Michael Farrell on the Washington Housing Conference

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE: NLY) released a white paper, “Letter From a Washington Conference Room,” in which Michael A.J. Farrell, Annaly’s Chairman, CEO and President, relates his observations from the August ...
Posted: August 23, 2010, 9:29 am

Annaly Will Miss Mike Farrell But Will Remain mREIT Industry's Bellwether

... Co-CEO and Co-Founder Michael A.J. Farrell. F On October 21st, Annaly Capital Management (NYSE:NLY) regretfully announced the passing of its long-time Chairman, Co-CEO and Co-Founder Michael A.J. Farrell. Farrell had announced that he was diagnos ...
Posted: October 23, 2012, 5:00 pm
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