Founded in 1978 the Foreign Exchange Committee is an industry group that provides guidance and leadership to the global foreign exchange market. The FXC includes representatives of major financial institutions engaged in foreign currency trading in the United States and is sponsored by the Federal Reserve Bank of New York. Past Committee members include: John Spurdle of JP Morgan, Jeff Feig of Citigroup, Lloyd Blankfein of Goldman Sachs, Paul Kimball of Morgan Stanley, Michael deSa of Deutsche Bank, Robert Savage of American Express, Mark De Gennaro of Lehman, and John Key, the current prime minister of New Zealand.
Famous quotes containing the words foreign, exchange and/or committee:
“It is a curious emotion, this certain homesickness I have in mind. With Americans, it is a national trait, as native to us as the rollercoaster or the jukebox. It is no simple longing for the home town or country of our birth. The emotion is Janus-faced: we are torn between a nostalgia for the familiar and an urge for the foreign and strange. As often as not, we are homesick most for the places we have never known.”
—Carson McCullers (1917–1967)
“If mass communications blend together harmoniously, and often unnoticeably, art, politics, religion, and philosophy with commercials, they bring these realms of culture to their common denominator—the commodity form. The music of the soul is also the music of salesmanship. Exchange value, not truth value, counts.”
—Herbert Marcuse (1898–1979)
“In inner-party politics, these methods lead, as we shall yet see, to this: the party organization substitutes itself for the party, the central committee substitutes itself for the organization, and, finally, a “dictator” substitutes himself for the central committee.”
—Leon Trotsky (1879–1940)