Mr. Cohen's memory of LBJ's involvement with the Securities and Exchange Commission (SEC) in the 1950s; Cohen's personal interactions with LBJ and his staff; Cohen approaching Bureau of the Budget director Kermit Gordon with a request for more money for the SEC; Cohen's trust in, and opinion of, LBJ; phone calls LBJ made to Cohen; communication between the SEC and the White House regarding policy-making; Cohen's ability to discuss issues with White House staff without fear of impropriety; the idea of closing the exchanges to prevent government decisions from influencing the stock market; the investment community's view of LBJ.
Oral history transcript, Manuel Cohen, interview 1 (I), 7/1/1969, by Paige E. Mulhollan
Citation
Oral history transcript, Manuel Cohen, interview 1 (I), 7/1/1969, by Paige E. Mulhollan, LBJ Presidential Library, accessed September 1, 2025, https://discoverlbj.org/item/oh-cohenm-19690701-1-08-05