Nation & World News

First Female Member Of New York Stock Exchange Dies

By Krishnadev Calamur on August 26th, 2013

The first woman to buy a seat on the New York Stock Exchange and head one of its member firms has died.

Muriel “Mickie” Siebert died Saturday in New York at age 80, The New York Times reports. The cause was complications of cancer.

Here’s more from The Times:

“Ms. Siebert, known to all as Mickie, cultivated the same brash attitude that characterized Wall Street’s most successful men. She bought her seat on the exchange in 1967, but to her immense anger, she remained the only woman admitted to membership for almost a decade.

She was one of the pioneers in the discount brokerage field, as she transformed Muriel Siebert & Company (now a subsidiary of Siebert Financial) into a discount brokerage in 1975, on the first day that Big Board members were allowed to negotiate commissions.

She also was the first woman to be superintendent of banking for New York State, appointed by Gov. Hugh Carey in 1977. She served five years during a rocky time when banks were tottering and interest rates were skyrocketing.”

In a 2003 interview with NPR, Siebert spoke of the challenges she faced when she first began working on Wall Street: “I had changed jobs two or three times because when I was making $13,000 a year, they [men] were making $20[000],” she said. “You know, that’s a quality of life decision at that kind of money.”

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

This entry was posted in News from NPR. Bookmark the permalink.

Comments are closed.

 

More Stories in News from NPR

President Obama and Texas Gov. Rick Perry meet in Dallas on Wednesday. They later attended a meeting about the border and immigration together.

Congress Has The Ability To Fix Immigration Crisis, Obama Says

His remarks in Dallas followed a meeting with faith leaders and local officials, including Gov. Rick Perry, to discuss the large number of unaccompanied minors at the border.


John Wayne went by "Duke" nearly all his life, but that's not the name that appeared on his driver's license.

An Actor, A University And A Famous Name Lead To A Lawsuit

The estate of John “Duke” Wayne and Duke University are fighting over commercial use of their shared name. Although the actor was always known as Duke, nicknames don’t have much standing in court.


Rutgers professor Hooshang Amirahmadi, one of the American Muslims identified by the Intercept as a target of covert surveillance by the FBI and the NSA.

Report Says FBI, NSA Spied On American Muslims

The men quoted in the story by reporters Glenn Greenwald and Murtuza Hussain say they were targeted because they were Muslims. But it is unclear why they were targeted.


John Kalymon talks to The Associated Press in 2009 outside his home in Troy, Mich. Kalymon died June 29.

Man Tied To Nazis Dies In Michigan At Age 93

John Kalymon, who became a U.S. citizen in 1955, was under a deportation order for serving in a Nazi-controlled police force during World War II. But he had denied he had ever shot at Jews.


Players go for the ball during the World Cup semifinal soccer match between the Netherlands and Argentina at the Itaquerao Stadium in Sao Paulo, Brazil, on Wednesday.

Argentina Ditch Dutch On The Way To World Cup Final

Argentina defeated the Netherlands 4-2 in penalty kicks in their World Cup semifinal. The two sides were 0-0 at the end of extra time. Argentina plays Germany in the final on Sunday.


Thank you for your support

WUFT depends on the support of our community — people like you — to help us continue to provide quality programming to North Central Florida.
Become a Sustainer
I want to support FM 89.1/NPR
I want to support Florida's 5/PBS
Donate a Vehicle
Day Sponsorship Payments
Underwriting Payments