Business: The Big Board's Stand-Up President

FRANKLIN D. ROOSEVELT called the presidency of the New York Stock Exchange "the second toughest job in the world." The present big man at the Big Board takes a similarly large view: "My job is to move these people into the 21st century." Yet neither the personas nor the performance of Robert William Haack seemed grandioseĀ—until last week. Quiet spoken, looking younger than his 53 years, sometimes awed by the satraps of the Street, Haack had come across as more the manager and conciliator than the innovative leader. Unlike his predecessor, G. Keith Funston, who served the exchange as a supersalesman,...

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