Description
Michael Roster was general counsel for Golden West Financial Corporation from 2000 through 2006. Before joining Golden West, Roster worked with Marion and Herb Sandler while at the law firms of McKenna & Fitting and Morrison & Foerster. He was general counsel of Stanford University and Stanford Medical Center from 1993 to 2000. Roster also has served as director and chair of the Association of Corporate Counsel, chair of the Stanford Alumni Association, and a director of the California Bankers Association and the Federal Home Loan Bank of San Francisco. In this interview, Mr. Roster discusses the following topics: the state of the Savings and Loan industry in the 1970s and 1980s, including crises within the industry; working with Marion and Herb Sandler as an outside attorney, getting to know the Sandlers and the status of Golden West Financial; tenure as general counsel for Stanford University; working at Golden West as general counsel; the sale of Golden West to Wachovia.