School of Business Gains $50,000 Fund

The partners in the New York investment firm of Goldman, Sachs, and Company have established a $50,000 fund at the Graduate School of Business Administration in honor of Sidney J. Weinberg.

The fund will aid students at the school through loans. Members of the firm have created the fund to express their respect for Weinberg and "profound admiration for the services rendered by him to our country and the outstanding contributions that he has made in the fields of business and finance."

Weinberg is a former governor of the New York Stock Exchange and of the Investment Bankers Association of America. He has worked as an assistant to the administration of the Office of Defense Mobilization and in 1946 was awarded the Medal for Merit by President Truman.