Chairman Nyse Richard

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 Martin's influence on the course of American economic history was significant: arguably he has done more to strengthen and reform the nation's most important financial institutions than has any other individual. "Chairman of the Fed tells" Martin'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 Martin'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.

After World War II, Richard Hosley taught English literature at the Naval Academy in Annapolis, Maryland. He later pursued graduate studies at Yale and went on to become a distinguished scholar, writing and editing numerous books and articles on Shakespeare and the Elizabethan Theatre. He was an editor of The Yale Shakespeare, as well as an advisor for The Globe Playhouse in London. He was a professor of English and Elizabethan Drama at the University of Arizona for 25 years, and also served as chairman of the English Department. He also taught at the Universities of Virginia, Missouri, New York, and Princeton as well as in England. Since 1963 he has lived in Tucson with his wife, Diana. They have three daughters, six grandchildren, and two great-grandchildren.