W. Braddock Hickman

President Federal Reserve Bank of Cleveland May 1, 1963 to November 28, 1970 (died in office)

Mr. Hickman graduated from the University of Richmond and earned his Ph.D. in economics from Johns Hopkins University in 1937. He was a member of the faculties of Princeton University, Rutgers University, and the Institute for Advanced Study. During World War II, he was a lieutenant in the U.S. Naval Reserve. He became a member of the research staff and director of the Corporate Bond Research Project of the National Bureau of Economic Research and published three books on corporate finance. The University of Richmond (commonly known as UR) is a private, independent university located in Richmond, Virginia. ... The Johns Hopkins University is an internationally prestigious private institution of higher learning located in Baltimore, Maryland. ... For other Princetons, see Princeton. ... Rutgers University Rutgers, The State University of New Jersey, is located in New Brunswick, Piscataway, Camden and Newark, New Jersey. ... Fuld Hall The Institute for Advanced Study is a private institution in Princeton Township, New Jersey, designed to foster pure cutting-edge research by scientists in a variety of fields without the complications of teaching or funding, or the agendas of sponsorship. ...

Mr. Hickman was supervisor of economic studies at the New York Life Insurance Company from 1953-56, joining American Airlines as director of economic research in 1956. He was appointed senior vice president of the Federal Reserve Bank of Cleveland in 1960 and was named president in 1963. Mr. Hickman, who always retained a close interest in economic research, was appointed by President Nixon to the National Commission on Federal Statistics in 1970. The New York Life Insurance Company was founded in 1841 as the Nautilus Insurance Company in New York City, with assets of just $17,000. ... Note: For the arenas named after this company, see American Airlines Arena (Miami, Florida), or American Airlines Center (Dallas, Texas). ...

He is also credited by Michael Milken for sparking his theories on junk bonds. Mike Milken in 1984 Michael Robert Milken is a prominent American financier who almost single-handedly created a market for junk bonds during the 1970s. ...

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