Phillip L. Zweig Collection on Walter Wriston, 1900 -- 1997


This collection has:

12 Cubic Feet
10 boxes

Phillip L. Zweig is an award-winning financial journalist and author with a long track record writing prescient, groundbreaking articles and books on banking and finance. After breaking into print as a freelancer in the mid-1970s writing about sailing, shipping, and banking, he joined the American Banker in 1980 as a staff reporter. Less than two years later, he broke the story on the risky lending practices and wild antics of the Penn Square Bank of Oklahoma City, forcing the U. S. government to close the bank on July 5, 1982. The Penn Square failure wreaked havoc in the U. S. banking system and led to the collapse of the Seattle-First National Bank in 1983 and giant Continental Illinois a year later. For his coverage, he received the George Polk, Gerald Loeb, John Hancock, and Deadline Club awards in journalism and was cited by the U. S. Congress, the Columbia Journalism Review, and the Bank & Financial Analysts Association.

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