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Mr. Farrell is the Chairman, CEO and President of Annaly and FIDAC. Prior to founding Annaly and FIDAC, Mr. Farrell was a Managing Director for Wertheim Schroder and Co., Inc. in the Fixed Income Department, served on the Executive Committee of the Public Securities Association Primary Dealers Division and as former Chairman of the Primary Dealers Operations Committee and its Mortgage Backed Securities Division.
Currently, in addition to his responsibilities at Annaly and FIDAC, Mr. Farrell serves on the Board of Governors of the National Association of Real Estate Investment Trusts (NAREIT), as a director of the U.S. Dollar Floating Rate Fund, and as a trustee of the Oratory Preparatory School in Summit, New Jersey. He is frequently featured on CNBC, in Grant’s Interest Rate Observer and other financial publications for his views on interest rates, credit markets and the economy | 