Word: funston
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Dates: during 1960-1969
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When he became president of the New York Stock Exchange in 1951, George Keith Funston said, "I'll try to be a salesman of shares in America...
...graveyard, George Washington, and even Pirate William Kidd, whose affiliation is commemorated by a plaque in the luxuriously carpeted vestry room. Later, such wealthy worshipers as John Jacob Astor contributed more marketable assets than whales to Trinity. Today, a vestry that includes New York Stock Exchange President Keith Funston and George A. Murphy, board chairman of the Irving Trust Co., carefully shepherds an investment portfolio that helps pay the salaries of a 150-man staff, including 25 priests...
...officer-and universities likewise know that a learned business leader may be just the man to head up a college. Fifteen years ago, when the New York Stock Exchange was searching for a new face to give some depth to its public image, it chose as president George Keith Funston, then head of Trinity College. Last week the pendulum swung the other way when Connecticut's Wesleyan University announced that its new president will be Edwin Deacon Etherington, 41, president of the American Stock Exchange...
...School. Etherington served for a year as clerk to a judge on the U.S. Court of Appeals, later went to work for a Wall Street law firm that specialized in investment problems. Eventually he moved on to serve as secretary and vice president of the Big Board under Funston. He was named head of Amex...
Etherington's acceptance of the Wesleyan presidency came as a surprise to Wall Street, which considered him the man most likely to succeed Funston, who is expected to retire from the Big Board in the fall. Etherington, however, says that he has always been interested in education, and sees no radical discontinuity between investment and learning. He left law practice to join the exchange in the firm belief that its "whole raison d'étre is public service.'' Education, he adds, is simply the highest type of service...