Financial Crisis and Consumer Debt

Jeffery B. Baker was appointed Senior Vice President of Strategic Planning for Global Payments, Inc. in 2003 with responsibility for defining Global’s direction, objectives and action plans for current and future growth strategies. Prior to that appointment, Baker served as Principal and Senior Research Analyst, U. S. Bancorp Piper Jaffray Corporation, where he performed comprehensive analysis of financial technology and service companies. Baker was also a Vice President and Senior Research Analyst with W. R. Hambrecht & Company and, in addition, served as a Director with SunTrust Equitable Securities, Inc. and as Assistant Vice President with Principal Financial Securities, Inc.

James Ransom joined Arcapita in 2004 with eleven years of private equity, leveraged finance and corporate banking experience. His work focuses on the services and technology sectors. Ransom currently serves on the Boards of 3PD, Church’s Chicken, PODS, and Yakima, and also works with Cypress Communications. Prior to joining Arcapita, Ransom spent six years in the Leveraged Finance group at Merrill Lynch in New York and in the Corporate Banking group at Wachovia in Charlotte. While at Merrill Lynch and Wachovia, Ransom focused on leveraged buyout, acquisition, and restructuring financings, as well as general strategic advisory work. Ransom holds a BS in Management from Washington & Lee University and an MBA from the Darden School at the University of Virginia.