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A New Day Dawns on First Horizon
D. Bryan Jordan’s new job as CEO of First Horizon National Corp. in Memphis, Tennessee, couldn’t have come at a worse time. Two weeks into his start date in September 2008, the federal government had to rescue mortgage giants Fannie Mae and Freddie Mac. Then the investment bank Lehman Brothers Holdings collapsed and nearly took the global financial system down with it. “Did you ever remember the kid’s game Jenga, where you would pull a piece out, and the idea was not to let it fall over?” Jordan says. “The financial system is a system of trust. It’s about the…
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