HOW MUCH DO YOU KNOW ABOUT FINANCIAL HISTORY?

1. What father and son served as the legendary leaders of Goldman Sachs for a majority of the 20th century?

2. Who was President of the United States during the Panic of 1873?

3. What was the first open-end mutual fund in the United States, created in 1924?

4. What institution was created in 1853 by larger commercial banks to provide central bank-like services for its members?

5. What was the global reserve currency from 1815 – 1945?

6. In what year did Prohibition end, enabling the founding or reopening of more than 500 American breweries?

7. What early US health insurance plan had three million subscribers by 1939?

8. What day marked the end of fixed commissions on Wall Street?

9. What Wall Street legend launched the Vanguard 500 Index Fund in 1976 to bring low-cost indexing to the average investor?

10. What cities were home to the first three stock exchanges in the United States?

1. Sidney and John Weinberg 2. Ulysses S. Grant 3. The Massachusetts Investors Trust 4. New York Clearing House( NYCH) 5. British pound 6. 1933 7. Blue Cross 8. May Day( May 1, 1975) 9. John C. Bogle 10. Philadelphia, New York and Boston www. MoAF. org | Summer 2025 | FINANCIAL HISTORY 41