"How many people have gone home at the end of a day long $900m on a new issue?" That was what Simon Meadows asked himself after ending up with such a position after launching the largest ever sole-led Eurobond, a $1.5bn seven year issue for the Republic of Italy in 1990.
It may not have been Meadows' best call, but without risk-takers such as Credit Suisse First Boston's co-head of European fixed income distribution, the Euromarket would be a poorer place.
Joining Salomon in 1984, Meadows became a secondary Eurobond trader. After becoming head of fixed income syndicate he moved on to CSFB, where, working alongside John Walsh (see profile), he kept the bank at the forefront of the developments.
For instance, racing a Deutsche team led by Roman Schmidt, he overcame conventional wisdom firstly to launch an Argentina Deutschmark deal beyond five years and then push the credit as far along the curve as possible. Of such daring, history is made.