IN THIS ISSUE
▶ By Raudline Etienne , Tina Byles Williams , Mark Carney , Richard Clarida , Consuelo Mack , Charles M . Royce , Mark Shenkman and Howard Marks .
▶ By Daniel Schulman
▶ By Gregory DL Morris
▶ By Daniel C . Munson
▶ By Eric Brothers
▶ By Michael A . Martorelli
▶ By Tracy V . Maitland , F . Barry Nelson and Daniel G . Partlow
IN THIS ISSUE
FEATURES
The magazine of the Museum of American Finance
in association with the Smithsonian Institution
Issue 149 • Spring 2024 ( ISSN 1520-4723 )
Kristin Aguilera Editor
10 Words of Wisdom
Excerpts from the remarks delivered at the 2024 MoAF Gala .
▶ By Raudline Etienne , Tina Byles Williams , Mark Carney , Richard Clarida , Consuelo Mack , Charles M . Royce , Mark Shenkman and Howard Marks .
EDITORIAL ADVISORY BOARD
Howard A . Baker , Esq . Howard Baker Associates Lawrence A . Cunningham Mayer Brown Peter C . Earle American Institute for Economic Research Brian Grinder Eastern Washington University Mark Higgins Index Fund Advisors ( IFA ) Institutional Gregory DL Morris Freelance Journalist Susie Pak St . John ’ s University Arthur W . Samansky The Samansky Group Myles Thompson Columbia Business School Publishing Janice Traflet Bucknell University Robert E . Wright Central Michigan University Jason Zweig The Wall Street Journal
16 The Money Kings
The Jewish immigrants who transformed Wall Street .
▶ By Daniel Schulman
20 Mabel Pottinger : A “ Force ” in the Insurance Industry
Examining Mabel Pottinger ’ s instrumental role in building one of the largest insurance brokerage and risk-management firms in the world .
▶ By Gregory DL Morris
24 Operation Fish
Britain ’ s daring top-secret shipment of its bank reserves to North America in the early days of World War II .
▶ By Daniel C . Munson
ART DIRECTION Alan Barnett Design
MUSEUM STAFF David J . Cowen , President / CEO Kristin Aguilera , Deputy Director Robert Dinkelmann , IT / Technology Maura Ferguson , Director of Exhibits Sarah Poole , Collections Manager
Linda Rapacki , Managing Director of Visitor Services and Operations
Mindy Ross , Director , External Relations Ben Urizar , Assistant Director of Visitor Services
Copyright © 2024 by the Museum of American Finance , publisher . All rights reserved .
Financial History is the official membership magazine of the Museum of American Finance .
28 An American Coin in … Ecuador ?
The unusual story of the Sacajawea dollar .
▶ By Eric Brothers
34 When the Government Took Over the Railroads
Revisiting the 26-month interruption in the control of the nation ’ s largest industry as regulators and legislators come to grips with an unnerving string of recent freight accidents .
▶ By Michael A . Martorelli
38 Steam Railways to Internet Highways
A history of convertible securities .
▶ By Tracy V . Maitland , F . Barry Nelson and Daniel G . Partlow
2 FINANCIAL HISTORY | Spring 2024 | www . MoAF . org