Financial Career
After graduating he moved to Silver Spring, MD and founded CDA Investment Technologies. CDA was a provider of financial information and software. The company became a success and grew to have offices in Rockville, MD, New York City, Chicago, San Francisco, Tokyo and London. It was particularly well known for its rankings of how mutual funds performed. Their quarterly release of rankings would prompt articles in The New York Times and The Wall Street Journal.
Levy sold the company in 1986 to Dutch publishing firm Elsevier for an undisclosed amount. In 1987 Elsevier sold CDA to The Thomson Corporation for a profit. Levy stayed on as CEO through both sales, retiring from his position in 1991 to attend law school.
Read more about this topic: Robert A. Levy
Famous quotes containing the words financial and/or career:
“A theory of the middle class: that it is not to be determined by its financial situation but rather by its relation to government. That is, one could shade down from an actual ruling or governing class to a class hopelessly out of relation to government, thinking of gov’t as beyond its control, of itself as wholly controlled by gov’t. Somewhere in between and in gradations is the group that has the sense that gov’t exists for it, and shapes its consciousness accordingly.”
—Lionel Trilling (1905–1975)
“What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.”
—Arlie Hochschild (20th century)