Special/Signature Issues » The Power List

14. Michael D. Frazier

Chairman and Chief Executive of Genworth Financial

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Genworth Financial, Richmond's $9 billion financial services behemoth, took a beating in the mortgage meltdown, posting a net loss of $460 million last year. The company's mortgage insurance business, however, is expected move into the black by 2011. Michael Fraizer, Genworth's chairman and chief executive, is also exerting himself more locally: He co-owns an arena football team, the Richmond Raiders, who play at the Richmond Coliseum, and he's behind the corporate push to study alternatives to the downtown arena. A member of Eugene Trani's (No. 26) new power club, Fraizer also has a fan in Bill Goodwin (No. 2).

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