Former Bear Stearns executive Steven Begleiter is set to compete in the final table at the Main Event at the World Series of Poker starting on Saturday in Las Vegas.
Until 2008, Begleiter was head of corporate strategy at Bear Stearns, where executives were known more for their regard for bridge than poker. When Bear was sold to J.P. Morgan, Begleiter helped transition the firm before moving to the private equity group Flexpoint Ford. Begleiter told The New York Times that despite the "populist nonsense going on right now," he's still "very proud" of his time at Bear.
Time reports that, Begleiter will be up against several very skilled professional poker players - including Phil Ivey, who many consider to be the game's top professional - but it appears he appreciates the challenge: "It's not about the money, really, I just like to compete," he said.