Financial History Issue 132 (Winter 2020) | Page 5

IN THIS ISSUE DEPARTMENTS TRUSTEES Richard Sylla, Chairman New York University Andrea de Cholnoky, Vice Chair Golden Seeds Robert Muccilo, Treasurer Consolidated Edison 4 The Ticker Alvi Abuaf Motive Partners Private Equity Museum opens “Ebb & Flow: Tapping into the History of New York City’s Water” exhibit and partners with Nowaday on vintage car tours of Downtown New York. Gregory Bauer Moody’s Marcy Cohen ING Americas David J. Cowen, President/CEO Museum of American Finance Sanford Crystal 4 Message to Members Crystal & Company Lawrence A. Cunningham   By David Cowen, President and CEO The George Washington University John P. Davidson III OCC Peter Davis EY 9 Financial History Trivia Quiz Eileen Fahey Fitch Ratings Adam Goldstein Vettery 10 Educators’ Perspective Martha Clark Goss American Water Works Wild West Finance: The Maxwell Land Grant Cory Gunderson Protiviti   By Brian Grinder and Dan Cooper Robert Hotz Houlihan Lokey Bradford Hu Citi 37 Book Reviews Alfred F. Hurley, Jr. Emigrant Bank The Anarchy: The East India Company, Corporate Violence and the Pillage of an Empire, by William Dalrymple. Carol Kaimowitz Retired Insurance Executive Myron Kandel   Reviewed by Daniel C. Munson CNN The Bank War and the Partisan Press: Newspapers, Financial Institutions, and the Post Office in Jacksonian America, by Stephen W. Campbell.   Reviewed by Michael A. Martorelli Glenn Kaufman Kaufman Family LLC Ranch Kimball Glorious Cahoots Capital Partners Mitti Liebersohn Avison Young Consuelo Mack WealthTrack Joseph Mecane Citadel Securities Elizabeth O’Melia ON THE COVER Image of the South Sea Bubble, by artist Edward Matthew Ward (1816–1879). See related article, page 16. S&P Global Ratings Verne O. Sedlacek Financial Services Executive Karen Seitz Fusion Partners Mark Shenkman Shenkman Capital Management, Inc. David L. Shuler itBit Maria Smith Smith Affiliated Capital (SAC) Saul Van Beurden JPMorgan Chase Charles Wait The Adirondack Trust Company John E. Herzog, Chairman and Trustee Emeritus www.MoAF.org  |  Winter 2020  |  FINANCIAL HISTORY  3