Financial History 156 Winter 2026 | Page 5

IN THIS ISSUE
▶ By David Cowen, President and CEO
▶ By Brian Grinder and Dan Cooper
▶ Reviewed by Michael A. Martorelli The Land Trap: A New History of the World’ s Oldest Asset, by Mike Bird
▶ Reviewed by James P. Prout

IN THIS ISSUE

4 Message to Members

▶ By David Cowen, President and CEO

DEPARTMENTS

ON THE COVER

Artist’ s rendering of the JPMorgan Chase Tower at 270 Park Avenue during construction. The building opened in October 2025 and is New York’ s newest skyscraper. See related article, page 32.
6 Educators’ Perspective
Risk, Return and Rembrandt: Part 2

▶ By Brian Grinder and Dan Cooper

38 Book Reviews
1929: Inside the Greatest Crash in Wall Street History— And How It Shattered a Nation, by Andrew Ross Sorkin

▶ Reviewed by Michael A. Martorelli The Land Trap: A New History of the World’ s Oldest Asset, by Mike Bird

▶ Reviewed by James P. Prout

40 Trivia Quiz
CrossingLights
TRUSTEES
Peter A. Cohen, Chair Andover National Corporation
David J. Cowen, President / CEO Museum of American Finance
Glenn Kaufman Kaufman Family LLC
Matthew Perconte Protiviti
Andrea de Cholnoky, Co-Vice Chair Golden Seeds
Karen Gephardt, Co-Vice Chair Fusion Partners
Sanford Crystal, Treasurer Alliant Insurance Services, Inc.
Alvi Abuaf Motive Partners Private Equity
Peter Akwaboah Morgan Stanley
Sabrina Bailey Fiducient Advisors
Gregory Bauer Moody’ s( retired)
Douglas Cifu Virtu Financial
Marcy Cohen ING Americas
Lawrence A. Cunningham University of Delaware
Patrick Curtin Citi
Ric Edelman Digital Assets Council of Financial Professionals
Charles Elson University of Delaware
Eileen Fahey Fitch Ratings( retired)
Martin Fridson Lehmann, Livian, Fridson Advisors LLC
Adam Goldstein Archer Aviation
Martha Clark Goss American Water Works
Kirk Haldeman J. P. Morgan Chase & Co.
Ranch Kimball Glorious Cahoots Capital Partners
Mitti Liebersohn Savills
Consuelo Mack WealthTrack
Joseph Mecane Citadel Securities
Jorge Nario Fidelity Center for Applied Technology( FCAT)
Anders Nemeth Oliver Wyman
Eamon Nolan Vinson & Elkins
Lynn O’ Mealia Loudon Investment Management
Elizabeth O’ Melia ProCFO Partners
Brad Peterson Nasdaq
Bob Pisani CNBC
Scott Reddel Accenture
Robert Robotti Robotti & Company
Mark Shenkman Shenkman Capital Management, Inc.
David L. Shuler Varro Life Sciences
Richard Sylla New York University
Dan Veru Palisade Capital Management
Charles Wait The Adirondack Trust Company
Wendy M. Cohn Fitch Ratings
Carol Kaimowitz Retired Insurance Executive
Chris Perry Broadridge
John E. Herzog, Chairman and Trustee Emeritus
www. MoAF. org | Winter 2026 | FINANCIAL HISTORY 3