Financial History Issue 119 (Fall 2016) | Page 4

Financial
history
The magazine of the
Museum of American Finance
in association with
the Smithsonian Institution

Issue 119 • Fall 2016
(ISSN 1520-4723)
Kristin Aguilera

IN THIS ISSUE

FEATURES

13 The Always Evolving Federal Reserve
Interpreting the Fed’s history through its nearly
constant institutional change over the last century.
 By Peter Conti-Brown

Editor
EDITORIAL ADVISORY BOARD

Howard A. Baker, Esq.
Howard Baker Associates

Lawrence A. Cunningham
The George Washington University

16 “Our Whole System Is in Disorder”
Alexander Hamilton as a revolutionary reformer.
 By Richard Sylla

Brian Grinder
Eastern Washington University

Gregory DL Morris
Freelance Journalist

Arthur W. Samansky
The Samansky Group

Bob Shabazian
American Stock Exchange (ret.)

Myles Thompson

20 Queen of the Corporate Gadflies
Profile of Wilma Porter Soss, the legendary shareholder activist
who energetically pressed management for a wide range of
reforms over more than 40 years.
 By Janice Traflet

Columbia Business School Publishing

Robert E. Wright
Augustana University

Jason Zweig
The Wall Street Journal
ART DIRECTION

Alan Barnett Design

24 Jay Gould, the Union Pacific Railroad

and Value Creation
The financial and business genius of one of the most misunderstood and
under-appreciated figures in financial history.
 By Maury Klein and Joseph Calandro, Jr.

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
Copyright © 2016 by the
Museum of American Finance, publisher,
48 Wall Street, New York, NY 10005. Telephone:
212-908-4110; fax: [phone]. All rights reserved.
Financial History is the official membership
magazine of the Museum of American Finance.

28 Shadow Courts
Examining the little-known tribunals that rule global trade.
 By Haley Sweetland Edwards

32 Recalling the “Fed Dove”
Nancy Teeters, the first female governor of the Federal Reserve,
opposed high rates.
 By Gregory DL Morris

2    FINANCIAL HISTORY  |  Fall 2016  | www.MoAF.org