Financial History Issue 128 (Winter 2019) | Page 4
Financial
history
The magazine of the
Museum of American Finance
in association with
the Smithsonian Institution
Issue 128 • Winter 2019
(ISSN 1520-4723)
Kristin Aguilera
IN THIS ISSUE
FEATURES
11 Words of Wisdom
Remarks from the Museum’s 2019 Gala.
By Thomas E. Donilon, Laurence D. Fink,
William C. Dudley and Dr. Janet L. Yellen
Editor
EDITORIAL ADVISORY BOARD
Howard A. Baker, Esq.
Howard Baker Associates
Lawrence A. Cunningham
The George Washington University
20 Fear City
New York City finds itself on the verge of default in the fall of 1975.
By Kim Phillips-Fein
Brian Grinder
Eastern Washington University
Bradley Jones
Reserve Bank of Australia
Gregory DL Morris
Freelance Journalist
Susie Pak
St. John’s University
24 Go to Durham, You Need the Inspiration
How Black Wall Street flourished in a
Piedmont Railroad and tobacco town.
By Gregory DL Morris
Arthur W. Samansky
The Samansky Group
Bob Shabazian
American Stock Exchange (ret.)
Myles Thompson
Columbia Business School Publishing
Janice Traflet
Bucknell University
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
Maura Ferguson, Director of Exhibits
Sarah Poole, Collections Manager
Linda Rapacki, Managing Director
of Visitor Services and Operations
Mindy Ross, Director, External Relations
28 The Suffolk System
A regional financial institution functions
as a lender of last resort during the Panic
of 1837 and grows to monopolize New
England’s banking activities.
By Ramon Vasconcellos
32 Where Are They Now?
The Museum’s series on 207 of the underwriters
of the 1956 Ford IPO continues with the history of
Newburger & Co. (founded in Philadelphia in 1947).
By Susie J. Pak
Copyright © 2019 by the
Museum of American Finance, publisher,
25 Broadway, 5th Floor, New York, NY 10004.
Telephone: 212-908-4110. All rights reserved.
Financial History is the official membership
magazine of the Museum of American Finance.
2 FINANCIAL HISTORY | Winter 2019 | www.MoAF.org