John Drastal
Senior Managing Director of Trading
WaMu Capital Corp.
John Drastal joined WCC in November 2002 as Senior Managing Director of Trading
and is responsible for all trading and securitization of mortgage products for
Washington Mutual. In his role as Division Executive for Market Risk Management,
Drastal has overall responsibility for all Capital Markets securitization and
trading activities. John has eighteen years of experience in fixed-income
trading and management and has experienced all aspects of running a major
mortgage and structured finance business, including trading, distribution,
research, risk management, finance, operations and new business development.
John Drastal was a Managing Director and Principal at Donaldson, Lufkin &
Jenrette where he was responsible for mortgage and ABS trading businesses. He
spent four years at Goldman Sachs & Company as Vice President in the Mortgage
Backed Securities Department as a senior trader on the mortgage pass-through
desk. John also traded mortgage pass-through securities and options for Lehman
Brothers and Drexel, Burnham & Lambert. Prior to joining WCC, John was President
and CEO at ConnectBusiness, where he developed an entirely new breed of
technology and led the company from design through product release and sales.
John Drastal holds a Masters of Science in Industrial Administration from
Carnegie Mellon University, and a Bachelor of Science in Computer Science from
the University of Delaware.