John Phelan, Who Led NYSE in 1987 Stock Crash, Dies at 81
This article is for subscribers only.
John Phelan, who led the New York Stock Exchange into the modern era of competition and huge trading volumes and provided calm at the center of the storm when stock prices crashed in October 1987, has died. He was 81.
Phelan died on Aug. 4 in New York, according to Frank E. Campbell Funeral Chapel. No cause was given.