Ellen Zentner's Shift From Public to Private Sector

Bloomberg View columnist Barry Ritholtz interviews Ellen Zentner, the chief U.S. economist at Morgan Stanley. She explains why Texas came through the financial crisis so well, courtesy of its rainy day fund. Her career took her from the Texas Comptroller's office to Morgan Stanley, where she leads the North American Economics group. She said starting in government gave her time to think “deep thoughts” and develop her analytical approach.

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