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MoAF Newsletter

March 24, 2022

New Issue Now Available

Financial History, Issue 140Tuesday, March 15, 2022

Check out the latest issue of Financial History, now available for FREE as a full-color digital edition! Highlights include:

A Shot to Save the World

Shareholder Wealth Maximization

Bread & Roses: Not Just Subsistence, but Dignity

The Founders' Fortunes: Benjamin Franklin's Early Rise

Words of Wisdom: Remarks from the 2022 MoAF Gala

Will Rogers: The Oracle of Oklahoma

The "Power" of the Tennessee Valley Authority in the 1930s

Book Review: "The Gold Standard: Retrospect and Prospect"

Spring 2022 Museum Finance Academy

MFA Registration Information

The Museum Finance Academy (MFA) is a FREE five session personal finance certificate course for 11th and 12th graders with the goal of teaching students to aspire to financial independence through developing an appreciation for savings, establishing financial goals and learning to avoid scams. In Fall 2022, this course will be conducted over Zoom on five consecutive Tuesdays: October 18, 25 and November 1, 8 and 15 from 4:15–5:30 pm Eastern Time.


This course requires NO prior knowledge of finance, business or economics. Top student(s) of the semester will be awarded a partial college scholarship. Register today.

New Virtual Exhibit

MoAF Launches Digital "Women of Wall Street" ExhibitTuesday, March 8, 2022

In honor of International Women's Day on March 8, 2022, the Museum launched a digital version of its popular 2009 exhibit, "Women of Wall Street."

The story of women on Wall Street is the story of women in America. Issues of freedom and financial independence clashed with societal norms in the traditionally male domain of finance. Until recent decades, women had largely been excluded from Wall Street. Despite this, there were women who defied convention and made a name for themselves in finance. This exhibit profiles pioneering women who battled for both personal and financial self-determination.

Visit exhibit at

MoAF/Fordham Webinar Series

Stephen Foerster on "In Pursuit of the Perfect Portfolio"
Tuesday, April 12, 2022 12:00 PM to 1:00 PM

Is there an ideal portfolio of investment assets, one that perfectly balances risk and reward? In Pursuit of the Perfect Portfolio, co-authored by Andrew Lo and Stephen Foerster, examines this question by profiling 10 of the most prominent figures in the finance world: Jack Bogle, Charley Ellis, Gene Fama, Marty Leibowitz, Harry Markowitz, Bob Merton, Myron Scholes, Bill Sharpe, Bob Shiller and Jeremy Siegel. In this video of his recent MoAF/Fordham Series event, Professor Foerster discusses how the greatest thinkers in finance changed the field and how their wisdom can help investors today.

Watch event video here.

MoAF/Fordham Webinar Series

Roger Lowenstein on "Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War"
Wednesday, April 27, 2022 12:00 PM to 1:00 PM

Renowned journalist and master storyteller Roger Lowenstein discusses his new book, Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War, and his revelatory financial investigation into how Lincoln and his administration used the funding of the Civil War as the catalyst to centralize the government and accomplish the most far-reaching reform in the country’s history. Watch event video.

2022 Gala Video Now Available

2022 MoAF Gala Honoring Steven T. Mnuchin, Leo Melamed and Thomas Peterffy
Monday, March 7, 2022 6:00 PM to 7:00 PM

The Museum honored the achievements of financial leaders in the public and private sectors at its 2022 Gala. The Gala was again held virtually with CNBC Senior Markets Correspondent Bob Pisani and “WealthTrack” Executive Producer and Managing Editor Consuelo Mack serving as masters of ceremony.

Steven T. Mnuchin, the 77th Secretary of the US Treasury and Managing Partner at Liberty Strategic Capital, received the Whitehead Award for Distinguished Public Service and Financial Leadership. Leo Melamed, Chairman Emeritus of CME Group and Chairman & CEO of Melamed & Associates, received the 2022 Financial Innovation Award. A third award, the MoAF Lifetime Achievement Award, honored the achievements of Thomas Peterffy, Chairman and Founder of Interactive Brokers Group. There was also a special presentation to Museum founder John Herzog.

Watch the video of the 2022 Gala here.

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