2003 Hall of Fame

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2003 Hall of Fame

Induction Of Leo C. O'Neill

Inducted November, 2003
By Richard S. Wilson

It is a distinct pleasure and honor to be here this evening to present to Leo C. O’Neill our society’s highest honor, induction into the Hall of Fame. The Hall of Fame was established in 1995 and tonight’s inductees are the 20th and 21st members. They are being recognized for a lifetime of achievement in the advancement of the analysis of fixed income securities.

Leo started out as an underwriter for Insurance Company of North America in Philadelphia but after a couple of years came to New York in 1968 and joined Standard & Poor’s as an equity analyst. He soon saw the light and went over to the corporate bond side of the business. He made steady progress rising through the ranks, becoming President in 1999. For many veterans of Wall Street, this is quite a remarkable accomplishment, being at ONE firm for 35 years, from youth through seasoned citizenship. A number of years ago I was having lunch at Harry’s with five other Wall Streeters. The six of us represented more than 35 firms and we still had years to go in the business!

Induction Of Jack V. Malvey, CFA

Inducted November, 2003
By Andrew Kalotay

Good evening ladies and gentlemen. My name is Andrew Kalotay, and I have the privilege tonight of inducting Jack Malvey of Lehman Brothers into the Hall of Fame. Jack introduced me when I received the same award in 1997 and now it’s my turn to return the favor.

I cannot think of a more deserving candidate than Jack. In a time when the headlines are filled with villains, Wall Street could use a good guy. I contend that Jack Malvey is one. His blend of intellect, ingenuity, and tenacity mark him as an American classic.
To my mind, Jack is much more than a specialist in fixed income. He combines intelligence with a remarkable ability to work as a team and draw out the best from his cohorts. And he has the rare tenacity to see that ideas get implemented.

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