Word: resignatio
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McCormick's resignatio -by -request was an ignominious end to what had started as a tale of triumph. When he took over as president of New York's junior exchange in 1951, McCormick-often called "Little Mac"-quickly made himself one of the most popular men in Wall Street. His personal history was the kind that warms the American heart: a onetime newsboy, he made Phi Beta Kappa while putting himself through the University of Arizona, then worked his way up from a $1,900-a-year job with the SEC to appointment by Harry Truman...
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