Skip McGee's most fulfilling moment as an investment banker came in 2002, when his team at Lehman Brothers helped Williams Cos (WMB.N) avert bankruptcy. "They had this big celebration," recalled McGee, now head of Global Investment Banking at Barclays Capital. (BARC.L) "People were coming up and asking, 'You're from Lehman Brothers?' And they were just giving us hugs." Six years later, McGee was not able to guarantee the same outcome for his own firm, but was able to help orchestrate a deal to sell Lehman's North American operations to Barclays. Turns out, the timing could not have been better. Since Lehman's bankruptcy came early in the financial crisis, the combined bank was also the first to become stable, allowing McGee and Paul Parker, head of global M&A, to hire aggressively in 2009 as others tottered.
The Williams Companies, Inc. (Williams) is an integrated natural gas company focused on exploration and production, midstream gathering and processing, and interstate natural gas transportation primarily in the Rocky Mountains, Gulf Coast, Pacific Northwest, Eastern Seaboard and the Marcellus Shale in Pennsylvania. Shares of WMB fell by 2.15% or $-0.55/share to $25.00. In the past year, the shares have traded as low as $17.72 and as high as $33.47. On average, 9464530 shares of WMB exchange hands on a given day and today's volume is recorded at 4277728.
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