Frank Loy, chairman of the Arthur Burns Fellowships and former Under Secretary of State for Global Affairs, recently won the Commander’s Cross of the Order of Merit of the Federal Republic of Germany. The award was presented by German President Christian Wulff on Nov. 2, 2010, at the German Ambassador’s residence in Washington, DC. The Order of Merit is awarded to Germans as well as foreigners for achievements in the political, economic, social or intellectual realm and for outstanding services to the nation in the field of social, charitable or philanthropic work.
A crowd of about 100 alumni, trustees, staff and friends gathered for the annual Arthur F. Burns Fellowship alumni dinner at the Ritz Carlton in New York on February 23. They battled a fierce rainstorm to hear keynote speaker E. Gerald Corrigan, a managing director of Goldman, Sachs & Co. and chairman of the firm’s regulated bank subsidiary.