To prepare for this event, I was reading the oral history Paul Volcker left at the Fed. I recommend it highly: 340 pages of detailed policy analysis, personal reflections, and invaluable history of post-war US and global economic developments, which he shaped in so many critical ways. My name pops up on page 148 in association with the 1979 Chrysler bailout, which was my first close working relationship with Paul, and it turns out I owe him even more than I thought. He says: “I assigned Don Kohn to the job (I thought my boss, Jim Kichline had something to do with it). I trained him; he got extracurricular training.” ... (full story)