Magazine content is available exclusively for TIME subscribers.Wall Street: New No. 1 Salesman
The search for a successor to New York Stock Exchange President Keith Funston took a full seven months. This week, unless there is a last-minute change of mind, the Big Board will announce that it has found the man for the $125,000-a-year post. He is Robert W. Haack, 50, who as head of the National Association of Securities Dealers has been policeman of the nation's over-the-counter securities market for the past three years.
Haack's elevation, which is expected to be formally approved by the exchange's 33-man board of governors in May, will come none too soon. Because of Funston's lame-duck...
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