Abstract
Very soon after I joined the Federal Reserve Bank of New York as an economist in 1957, I encountered a very tall man. I was walking down the ninth-floor corridor of the Research Department. Coming toward me was a man chewing on a cigar, about six and a half feet tall, deeply engrossed in writing notes on a yellow pad as he walked. I greeted him and said, “I am Henry Kaufman.” “Well,” he responded, “I’m Paul Volcker. You’re the new fellow in Financial and Trade” (a division of the Research Department). With a “Good luck” sort of “Good bye,” he rambled on.
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Bibliography
Volcker, Paul A. “Central Banking at a Crossroad: Remarks by Paul A. Volcker Upon Receiving the Economic Club of New York Award for Leadership Excellence.” Address before the Economic Club of New York, May 29, 2013.
Zweig, Phillip L. 1995. Wriston: Walter Wriston, Citibank, and the Rise and Fall of American Financial Supremacy. New York: Crown Publishers, Inc.
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Kaufman, H. (2016). Paul Volcker, Perennial Public Servant. In: Tectonic Shifts in Financial Markets. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-48387-0_4
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DOI: https://doi.org/10.1007/978-3-319-48387-0_4
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