Mr. Falcone is the Senior Managing Director of Harbinger Capital Partners. He has more than 20 years experience in leveraged finance, most recently as head of High Yield trading for Barclay's Capital. From 1998 to 2001, he managed all aspects of Barclay's trading operations, including trading distressed and special situations, managing risk exposure of the desk, and overseeing the desk trading and analytical team. Mr. Falcone held a similar position with Gleacher Natwest from 1997 to 1998 and First Union Capital Markets in Charlotte , North Carolina . Before joining First Union, he structured the leveraged buyout of AAB Manufacturing Corporation, a Newark, NJ-based consumer products manufacturing company. He completed this transaction in 1990 and remained as President and Chief Operating Officer of the company until 1995. Mr. Falcone began his career in 1985, trading high yield and distressed securities at Kidder Peabody & Co. He earned a Bachelor of Arts in economics from Harvard University in 1984.