Chariman of the FED.: William McChesney Martin Jr., and the Creation of the Modern Federal Reserve System Book

This is the first biography of William McChesney Martin, Jr. (1906-1998), the first paid president of the New York Stock Exchange and the chairman of the Federal Reserve System under Presidents Truman to Nixon. The extent of Martinâ??s influence on the course of American economic history was significant: arguably he has done more to strengthen and reform the nationâ??s most important financial institutions than has any other individual. Chairman of the Fed tells Martinâ??s fascinating life story and explains his lasting impact on the NYSE and the Fed, both troubled institutions that Martin transformed. The book provides an inside look into the economic deliberations of five presidential administrations and describes Martinâ??s battles to bring about ethical and intelligent regulation of U.S. financial markets. His experiences shed light not only on the evolution of the American financial system but also on critical issues that confront the system today. Robert P. Bremner has held positions in the World Bank and the investment banking industry. He is a former small business owner and currently serves as a public trustee for a large mutual fund management company.Read More