IN THIS ISSUE
Financial
history
The magazine of the Museum of American Finance
in association with the Smithsonian Institution
Issue 120 • Winter 2017( ISSN 1520-4723)
Kristin Aguilera Editor
EDITORIAL ADVISORY BOARD
Howard A. Baker, Esq. Howard Baker Associates Lawrence A. Cunningham The George Washington University Brian Grinder Eastern Washington University Gregory DL Morris Freelance Journalist Arthur W. Samansky The Samansky Group Bob Shabazian American Stock Exchange( ret.) Myles Thompson Columbia Business School Publishing Robert E. Wright Augustana University Jason Zweig The Wall Street Journal
ART DIRECTION Alan Barnett Design
MUSEUM STAFF David J. Cowen, President / CEO Kristin Aguilera, Deputy Director Tony Critelli, Accountant Jeanne Driscoll, Director of Development Maura Ferguson, Director of Exhibits Chris Meyers, Director of Education Sarah Poole, Collections Manager
Linda Rapacki, Managing Director of Visitor Services and Operations
Mindy Ross, Director, External Relations
IN THIS ISSUE
12 Words of Wisdom
Excerpts from the remarks delivered at the 2017 Museum Gala.
By Charles Schwab, Fred Tomczyk, Joe Ricketts, Ray Dalio and Lawrence H. Summers
18 Lightning Strikes
Timeless lessons in creativity from the life and work of Nikola Tesla.
By John F. Wasik
20 For the Love of Money: Blacks on US Currency
Highlights from the Museum’ s new exhibit, on loan from the Museum of UnCut Funk.
24 AIG: Opening Trade in Services
The insurance giant’ s pioneering role in opening international trade in service industries.
By Maurice R. Greenberg and Lawrence A. Cunningham
28 Bank of Montreal Bicentennial
Canada’ s oldest bank has been an international institution from the start.
By Gregory DL Morris
32 The Hecla Mining Company
The oldest US-based mining company celebrates 125 years.
By Bart Ward
FEATURES
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Financial History is the official membership magazine of the Museum of American Finance.
2 FINANCIAL HISTORY | Winter 2017 | www. MoAF. org