Induction Speech for Fischer Black
Inducted December, 1996
Mr. Emanuel Derman, Director of Quantitative Strategies at Goldman, Sachs & Company, conducted the ceremonies inducting Fischer Black. Mr. Derman, a colleague and co-author with Fischer Black of many innovations, most notably the development of the Black-Derman-Toy option-valuation model, made the following presentation.
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Induction Speech for William H. Gross
Inducted December, 1996
President John Malvey’ s Hall of Fame Induction of William (Bill) H. Gross, Founder and Managing Director, Pacific Investment Management Company.
I’m Jack Malvey of Lehman Brothers, President of the Fixed-Income Analysts Society. On behalf of our Board, all of my member colleagues, and our many sponsors, I want to welcome our guests and the financial media to the highlight of our 17th Annual Bond Conference, today’s second annual Fixed Income Analysts Society "Hall of Fame" induction. I especially want to acknowledge the tremendous efforts of our Bond Conference Chairperson, Margaret Cannella of Citicorp, and our Past President’s Club seated over here. And I want to thank all of the Street firms, who have shown up en masse for today’s ceremony. Without your support and participation, this annual conference would not be possible.
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