Financial History Issue 123 (Fall 2017) | Page 7

MUSEUM NEWS   THE TICKER Museum to Honor Ken Griffin and Timothy Geithner at 2018 Gala The Museum will honor the achieve- ments of financial leaders in both the pub- lic and private sectors with two important awards at its 2018 Gala on Tuesday, Feb- ruary 6. The Gala is the Museum’s main annual fundraiser, with proceeds helping to support all aspects of the Museum’s efforts to teach the relevance of finance to everyday life. Since 2008, the Museum has recog- nized the outstanding achievements of individuals who have demonstrated their professional commitment to a culture of service and have achieved distinction in both the public and private sectors with the Whitehead Award for Distinguished Public Service and Financial Leadership. Timothy Geithner, former US Treasury Secretary and president of Warburg Pin- cus, will be the recipient of the Whitehead Award at the 2018 Gala. The Gala also features the Charles Schwab Financial Innovation Award, paying tribute to an individual who has significantly advanced the world of finance — and the economy — through a creative approach to products, markets and financial technology. Ken Griffin, founder and CEO of Citadel, will be hon- ored with this award for his innovations in investment management. The 2018 Gala will begin with cock- tails at the Museum at 6:30 pm and din- ner at Cipriani Wall Street at 7:45 pm. Please contact Mindy Ross, Director of External Relations, at mross@moaf.org or (646) 833-2755 to reserve a table or seat, or to make a contribution. For additional information, visit www.moaf.org/gala.  Ken Grif fin (left), founder and CEO of Citadel, will receive the 2018 Schwab Financial Innovation Award. Timothy Geithner (right) will receive the 2018 Whitehead Award. NOV 14 1972 The Dow Jones Industrial Average closes above 1000 for the first time after coming close to that level in 1966, 1968 and 1969. It finishes the day at 1003.16. NOV 30 1988 Kohlberg Kravis Roberts & Co. (KKR) wins a bidding war to do a leveraged buyout of RJR Nabisco for more than $25 billion. This generates more than $1 billion in fees for Wall Street and creates the high-watermark for the LBO craze and junk bond binge of the 1980s. www.MoAF.org  |  Fall 2017  |  FINANCIAL HISTORY  5