Financial History Issue 124 (Winter 2018) | Page 4

Financial history The magazine of the Museum of American Finance in association with the Smithsonian Institution Issue 124 • Winter 2018 (ISSN 1520-4723) IN THIS ISSUE FEATURES 6 Words of Wisdom Remarks from the 2018 MoAF Gala.   By Joe Ricketts, Ken Griffin, Robert Rubin and Timothy Geithner Kristin Aguilera Editor EDITORIAL ADVISORY BOARD Howard A. Baker, Esq. Howard Baker Associates Lawrence A. Cunningham The George Washington University Brian Grinder 13 Where Are They Now? Blyth &. Co. The “Where Are They Now?” series continues with the history of the lead underwriter of the 1956 Ford IPO.   By Susie J. Pak Eastern Washington University Bradley Jones International Monetary Fund Gregory DL Morris Freelance Journalist Susie Pak St. John’s University Arthur W. Samansky 18 Isaac Newton, Daniel Defoe and the Dynamics of Financial Bubbles The most notable investors in the South Sea Bubble of 1720.   By Andrew Odlyzko The Samansky Group Bob Shabazian American Stock Exchange (ret.) Myles Thompson Columbia Business School Publishing Robert E. Wright Augustana University 22 A First-Class Catastrophe The road to Black Monday, the worst day in Wall Street history.   By Diana B. Henriques 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 Maura Ferguson, Director of Exhibits Sarah Poole, Collections Manager Linda Rapacki, Managing Director of Visitor Services and Operations Mindy Ross, Director, External Relations Copyright © 2018 by the Museum of American Finance, publisher, 48 Wall Street, New York, NY 10005. Telephone: 212-908-4110. All rights reserved. Financial History is the official membership magazine of the Museum of American Finance. 28 From Time Out of Mind A brief history of marine insurance.   By Gregory DL Morris 32 Evolution of the Canadian Currency and Banking Systems Canada had banks and currency before it had a formalized banking system and before it became a country.   By Christopher Kobrak and Joseph E. Martin 36 Forgotten Financier: Langdon Cheves Profile of an early 19th century financier and president of the Second Bank of the United States.   By Clyde Haulman 2    FINANCIAL HISTORY  |  Winter 2018  | www.MoAF.org