LA-based investment banking luminary Ed Bagdasarian misses the Slauson Cutoff and finds himself in the middle of an episode of Middle Market Musings. Ed is CEO of Intrepid Investment Bankers LLC, now part of MUFG. Ed begins with an extraordinary family story—he is of Armenian heritage, born in Romania, brought to the United States by his parents as a young teen. The family jewelry business provided identity and an introduction to the entrepreneurial life. Ed traces his own investment banking career and then—with his partners Jim Freedman and Mike Rosenberg—the development and sale of two successful investment banks. The guys have an interesting discussion about choosing sectors versus building sectoral strength around strong bankers.