Mr. Corrigan joined Goldman Sachs in 1994 and became a partner in
1996. At Goldman Sachs, he is co-chair of the firm-wide Risk
Management Committee, vice chair of the firm-wide Business
Practices Committee, and a member of the firm-wide Commitments
Committee. Since joining the firm in 1994, Corrigan has served as
chair or co-chair of a number of firm-wide and industry-wide groups
dealing with a range of issues having major implications for
financial market efficiency and stability. He also provides a wide
range of strategic advice to the firm and its clients.
In addition to authoring dozens of speeches and statements before
Congressional Committees, Corrigan has also chaired or co-chaired a
number of industry-wide study groups that have focused on a wide
range of policy issues relating to the structure, efficiency, and
stability of financial institutions and markets. The latest of
these reports "Toward Greater Financial Stability: A Private Sector
Perspective" was released in July 2005 by the Counterparty Risk
Management Policy Group II which was chaired by Corrigan.
Corrigan ended a twenty-five year career with the Federal Reserve
System when he stepped down from his position as president and
chief executive officer of the Federal Reserve Bank of New York in
1993. He had been chief executive officer of the New York Fed and
vice chairman of the Federal Open Market Committee since 1984. He
has also served as president of the Federal Reserve Bank of
Minneapolis and Special Assistant to Fed Chairman, Paul A.
Volcker.
He earned a Bachelor of Social Science degree in economics from
Fairfield University and Master of Arts degree and Doctor of
Philosophy degree in Economics from Fordham University in New York
City. Corrigan is chairman, a trustee, or a member of a number of
non-profit organizations