C. Derek Anderson
C. Derek Anderson formed C.D. Anderson & Co., Inc., one of the first discount brokerages in the 1970s. The company focused its marketing efforts on high net worth individuals and grew to be the second largest discount broker in the West before its sale to a predecessor bank of Bank of America. After co-developing and introducing the world's first PC-based real-time system for trading securities on line, Mr. Anderson became involved in Chapter 11 Bankruptcy reorganizations and was instrumental in the successful restructuring of several large public companies. Today, he invests in distressed debt, Russian Intellectual Property, and seed capital situations for domestic and European clients. Perhaps his best investment, however, was a pair of hiking boots prior to his and his wife’s first stay at Drakesbad- some 35 years ago. Since then, Pat and Derek have enjoyed many long hours exploring the far reaches of Mt. Lassen from their Lake Almanor home.