William McDonough, Who Guided New York Fed Through Crises, Dies at 83

William J. McDonough, whose 10 years as president of the Federal Reserve Bank of New York included guiding it through the Sept. 11, 2001, terrorist attacks and keeping a major hedge fund's collapse from setting off a wider financial crisis, died on Tuesday at his home in Waccabuc, N.Y. He was 83. Orphaned as a boy in Chicago, Mr. McDonough grew up to enjoy a varied career that included overseas work with the State Department, 22 years as an executive at the First National Bank of Chicago and, from 1993 to 2003, the top job at the New York Fed, the largest of the 12 Federal Reserve Banks and the one responsible for regulating financial institutions.
https://www.nytimes.com/2018/01/26/business/william-mcdonough-who-guided-new-york-fed-through-crises-dies-at-83.html?partner=rss&emc=rss