E. Gerald Corrigan, often known as Jerry Corrigan, was a highly influential American economist and central banker. He is best known for his tenure as the seventh President and Chief Executive Officer of the Federal Reserve Bank of New York, serving from 1985 to 1993. During this period, he played a pivotal role in navigating several major financial events, including the 1987 stock market crash ('Black Monday') and the savings and loan crisis. His leadership was crucial in maintaining financial stability and implementing monetary policy. Before and after his time at the New York Fed, Corrigan held various significant positions in academia and the private financial sector, including Managing Director at Goldman Sachs. He was widely respected for his deep understanding of financial markets, crisis management skills, and contributions to international financial policy.
E. Gerald Corrigan's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Served as President and CEO from January 1985 to July 1993, guiding the institution through critical periods of financial volatility and shaping U.S. monetary policy.
Played a key leadership role in the Federal Reserve's response to the October 1987 stock market crash, working to ensure liquidity and prevent a systemic financial meltdown.
Contributed significantly to the policy responses and management efforts related to the savings and loan crisis during the late 1980s and early 1990s.
Was an active participant in international financial discussions and bodies, such as the Bank for International Settlements (BIS), contributing to global financial stability initiatives.
Served as a Managing Director at Goldman Sachs (1994-2016) and partner-in-charge of its Financial Institutions Group, providing strategic advice and insights.
Miami University - Year 2006
Cleveland State University - Year 2017
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