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Frank A. Weil
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Frank Weil is the Chairman of Abacus and Associates, Inc., a private investment firm in New York, NY. From October 1979 - June 1983 he was a senior partner of the Washington law firms of Ginsburg, Feldman, Weil and Bress, chartered and Wald Harkrader and Ross. Mr. Weil headed the International Trade Administration of the United States Department of Commerce from 1977 - 1979. He was Chairman of the Finance Committee and Chief Financial Officer of the investment firm of Paine, Webber Inc. from 1972 - 1977.

Mr. Weil has served on the for-profit boards of directors of MirrorWorldsTechnologies,SyVox Corporation, Exxel Container, Inc.; Geico Corp.; Paine Webber, Inc.; Cambridge Royalty, Inc.; Dorr-Oliver, Inc.; Hamburg Savings Bank, NYC; J.B. Lippincott Company, Philadelphia and Victory Mutual Funds, Cleveland.

Mr. Weil was a Trustee and Vice Chair of The Asia Society in New York City and was Chairman and a member of the National Board of the Smithsonian Institution in Washington, D.C. Mr. Weil is a member of the Century Association and Harvard Club (both in New York City) and the Metropolitan Club (Washington, D.C.).

In not-for-profit activities, Mr. Weil has also served on the boards of directors of the National Democratic Institute for International Affairs, the Center for National Policy, as Vice Chairman of the Board of Governors of the Atlantic Institute for International Affairs and Inform. He is a member of the Council on Foreign Relations in New York. Mr. Weil served on the Board of Directors of the Council for Excellence in Government from 1982 – present and was Chairman from 1988 - 1993.

He is a director and President of Hickrill Foundation and Treasurer of the Norman Foundation. He was President of the Education Alliance (NYC); a trustee of Montefiore Hospital and Albert Einstein Medical School (NYC); Teachers College/Columbia University, and Hurricane Island Outward Bound School (Maine); Trustee and Vice Chairman of Northern Westchester Hospital; Trustee and Chairman of the Board of the Harvey School, Katonah, New York; Trustee and Secretary of the Federation of Jewish Philanthropies of New York. Mr. Weil served on the Visiting Committee of the John F. Kennedy School of Government and Committee on University Resources at Harvard from 1972 - 1998. He was a member of the Advisory Board at the School for Advanced International Studies, John Hopkins University.

In the field of public policy, Mr. Weil served as Chairman of the Committee on Taxation of the New York State Economic Development Board from 1975 - 1977, and Chairman of the New York State Board of Equalization and Assessment from 1976 - 1977. In 1986 he served on the New York State Advisory Commission on Liability Insurance and has served on Governor Cuomo's New York State Council on Fiscal and Economic Priorities and its sub-committee on New York City Transit.

Mr. Weil was born on February 14, 1931 in Bedford, New York. He graduated cum laude from Harvard College in 1953 and from Harvard Law School in 1956. He is domiciled in Wilson, Wyoming and maintains residences there and in New York City, Washington, DC and Stonington, Maine. He has been married to the former Denie Sandison since 1951. They have four children, nine grandchildren and three great-grandchildren.

Entries by Frank A. Weil

The Flip Side of Family Chaos

(0) Comments | Posted December 8, 2014 | 11:09 AM

Thanksgiving is perhaps more people's favorite holiday than any other because it stresses family, food and reminders about what is good in people's lives for which they are thankful.

But, then the day arrives and things often go crazy. Too much good food. Too many rambunctious kids. Too much cleaning...

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The Missing Piece in the Recent Election

(0) Comments | Posted December 2, 2014 | 3:06 PM

Take a look at the numbers below. Do they mean anything to you? Would you like more information surrounding the numbers?

2014-12-18-table1.jpg


We'll come back to the numbers in a minute. In the meantime, let's recall the issues that...

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Too Big Fails

(1) Comments | Posted November 19, 2014 | 10:43 PM

In the last few years we have been regularly treated with the phrase TOO BIG TO FAIL.

That term was used to describe certain types of financial institutions which, IF they failed, would likely wreak such havoc throughout our economy and the world that they could NOT be allowed...

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Philanthropoidism

(0) Comments | Posted October 24, 2014 | 11:10 AM

Which do you like least? Generosity or selfishness?

Perhaps the answer does not need to be that polarized. Most people like to think they are generous. And, most people do think more about themselves than they do about others. Still, many people strike a fair balance between the two and...

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Climate Change: Science Vs. Emotion

(3) Comments | Posted October 24, 2014 | 11:09 AM

Recently Steven Koonin, former Undersecretary of Energy for science under Obama and former professor of theoretical physics at Caltech and chief scientist at British Petroleum, published an elegantly balanced, nuanced and extremely informative article on September 19th in the Wall Street Journal about the debate on global warming.

Basically he...

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SHADOW BOXING IN A CHANGED WORLD

(0) Comments | Posted October 24, 2014 | 10:49 AM

One hundred years ago, the world was on the brink of World War I. Airplanes were just being figured out, tanks had yet to be made or used, dreadnoughts of the sea were in mass production and cavalry still used horses and spears.

The war broke out in a peculiar...

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A New, Risky Form of Protectionism

(1) Comments | Posted October 14, 2014 | 1:29 PM

In the 1930s, the world fell into a serious, long-lasting depression fueled in large part by counterproductive trade wars.

As economies struggling to stay afloat began to erect trade barriers in the form of tariffs and quotas to "protect" their industries and jobs, one after another -- tit for tat...

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Severe Flaws in Polls

(0) Comments | Posted September 25, 2014 | 5:17 PM

Political polls have become daily news in recent years. It begins to appear that we have put the cart before the horse.

Leadership and followership are, of course, Siamese twins in many ways, but we have begun to confuse the two. Horses trying to push carts rarely work.

True...

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A New Organizing Principle

(0) Comments | Posted September 15, 2014 | 3:32 PM

In the 1930s the biggest international policy problem was isolationism.

Because the United States had two vast oceans protecting two of its borders, many people thought we were safe from the aggression of both Germany and Japan. Thank goodness Franklin Roosevelt thought otherwise and carefully played his cards to...

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ER May Reveal Basic Problems in Hospitals

(1) Comments | Posted September 15, 2014 | 3:25 PM

One brief -- and, as it turned out, not too serious -- visit to the emergency room in one of New York City's biggest and best hospitals this summer proved to be very interesting because it revealed some systemic issues.

Perhaps if the problems seen and encountered there could...

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Rules of Life

(0) Comments | Posted September 10, 2014 | 4:20 PM

In primitive societies when the organizing principles were pretty simple, there were some basic rules that were strictly followed. For example, the males did the hunting and the females did the gathering and kept the babies, the hut and what passed for food on the table.

As the lives...

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Obama

(0) Comments | Posted August 28, 2014 | 5:01 PM

While the line of critics of Obama's presidency has been growing, the evidence of his success as president has become clearer and more secure despite the colossal frustrations and disappointments, even to his most ardent supporters, since his reelection.

History is clear. Presidential success is measured by how well...

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What Is the Best Legacy?

(0) Comments | Posted August 27, 2014 | 4:19 PM

A legacy is something that one can leave behind to the people who come after them to "enrich" their lives and better enable the followers to remember the forbearer and continue to make their lives and society better.

Most people think of a legacy primarily as money or property. Many...

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Russia Today Versus the World

(5) Comments | Posted August 5, 2014 | 6:00 PM

We just returned from a boat trip across Russia, from Moscow to St. Petersburg, to see firsthand the world Peter the Great began for Russia in the 1700s. Objective observers are vividly struck by today's Russia and how it is generally seen in the West in ways quite different from...

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A Tidbit From 1979: A Lesson for Today

(1) Comments | Posted July 22, 2014 | 6:01 PM

In the summer of 1979, Jimmy Carter suffered from a political malaise and gave a speech about it. In the following days, he fired with one stroke, five cabinet officers -- the type of purge that was common in the Soviet Politburo but virtually unheard of here -- as if...

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Boomerang Effects of Good Intentions

(0) Comments | Posted July 9, 2014 | 6:36 PM

We go through life full of the best intentions in how we behave and in being helpful to friends and neighbors.

More often than seems fair, those intentions go awry and we find ourselves digging out from under misunderstandings or worse.

For example, you say to your wife, "Honey, you...

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HOW TO MAKE ORDINARY PEOPLE EXTRAORDINARY

(0) Comments | Posted July 1, 2014 | 11:25 AM

In the late 1970s, as penance for earlier sins, I signed on to help Jimmy Carter and my fellow citizens as Assistant Secretary of Commerce for International Trade.

One of the first things I learned needed to be done was to improve the substance and speed of the critical...

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50/50

(0) Comments | Posted July 1, 2014 | 11:24 AM

Most people learn early in life that luck and odds play an important role in their lives. Some of those people are better at playing those odds than a lot of their brethren. There are examples and metaphors galore, some of which may surprise you.

You probably weren't very...

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What Would People Think?

(0) Comments | Posted June 23, 2014 | 4:17 PM

"What would people think?" How many times do suppose you have asked yourself that question? Why do you suppose you ask it?

Perhaps you are vain and care how you look?

Perhaps you are insecure and do not want to appear stupid?

Perhaps you are ambitious and need to...

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Stem Cells vs. Perpetuity?

(0) Comments | Posted June 12, 2014 | 10:22 AM

John D. Rockefeller was not only a great oil man, he was an astonishing visionary.

Envisioning the need for and possibility of achieving what we see as modern medicine, in 1901 he created Rockefeller University in New York City to be a base of research the life sciences.

...
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