Nomination of Thomas J. Healey To Be Director of the Securities Investor Protection Corporation

The President today announced his intention to nominate Thomas J. Healey to be Director of the Securities Investor Protection Corporation for a term expiring December 31, 1991. This is a reappointment. Since 1985 Mr. Healey has been vice president for Goldman, Sachs and Co. in New York, NY. Prior to this he was Assistant Secretary for Domestic Finance at the Department of the Treasury, 1983-1985. For 8 years, Mr. Healey was with Dean Witter Reynolds, Inc., serving as director and also as head of the project finance group.

Mr. Healey graduated from Georgetown University (B.A., 1964) and Harvard Business School (M.B.A., 1966). He was born September 14, 1942, in Baltimore, MD. He is married, has two children, and resides in New Vernon, NJ.