Tony Solomon, former NY Fed president, dies

Anthony M. Solomon, a former president of the Federal Reserve Bank of New York, died last Friday, at the age of 88.

A self-made businessman, Solomon made a fortune when General Foods bought a company he had built up selling soup to housewives in Mexico. After entering public service, he proved an adept operator, and rose to be assistant secretary of state for economic affairs and then under secretary for monetary affairs at the Treasury. In 1979, Solomon planned and organised the freezing of

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