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4 unusual facts about Federal Reserve Bank of New York


Allan Sproul

title=President of the Federal Reserve Bank of New York|

In 1930, he came to the Federal Reserve Bank of New York as an assistant deputy governor and secretary, and six years later, when official titles changed, he was appointed first vice president.

Philippine American Life and General Insurance Company

Philam Life was part of the American International Group (AIG) until 2008 when the company, along with other AIG subsidiaries, American International Assurance (AIA) and ALICO were placed under the administration of a special purpose vehicle in exchange for a bailout by the Federal Reserve Bank of New York.

Pierre Jay

Pierre Jay (May 4, 1870 – November 24, 1949) was the first chairman of the Federal Reserve Bank of New York.


Ellen V. Futter

She formerly served as chairman of the board of the Federal Reserve Bank of New York and chairman of the Commission on Women's Health of The Commonwealth Fund.

James S. Tisch

Tisch's other positions include a seat in the directorate of the Federal Reserve Bank of New York, the chairmanship of WNET, membership in the Council on Foreign Relations, and seats on the boards of General Electric, Mount Sinai Hospital, New York, and the New York Public Library.

Raj Bhala

Upon graduation from Harvard Law School, Bhala practiced as an attorney with the legal department of the Federal Reserve Bank of New York (1989-93), specializing in three areas: payment systems, foreign exchange, and enforcement.

Rodger Stevens

His work has been exhibited in New York at: Whitney Museum of American Art; the American Folk Art Museum; the Katonah Museum of Art; Sotheby's; Tiffany & Co.; the Federal Reserve Bank of New York; Denise Bibro Fine Art; the Jonathan Levine Gallery; the Aidan Savoy Gallery; the Cinders Gallery; the Front Room Gallery; the Rockland Center for the Arts, and Abingdon 12.


see also

Columbia University Club of New York

Lee Bollinger, President of Columbia University (2002), President of the University of Michigan, Provost of Dartmouth College, Chair of the Board of Directors of the Federal Reserve Bank of New York, named defendant in U.S. Supreme Court affirmative action cases Grutter v. Bollinger and Gratz v. Bollinger