Eugene Emond

Eugene Patrick Emond (January 11, 1921 – January 28, 1989) was an Officer of the Federal Reserve Bank of New York. During World War II, he was one of the youngest Lieutenants (pilot) of the B-17 Flying Fortress Man O War II, Horsepower Ltd. (see nose art below).

Early life and education
Eugene Patrick Emond was born to Eugene Edward Emond and Mary McTague in New York City. He was raised in the working-class neighborhood of Washington Heights and attended DeWitt Clinton High School.

Military career
Emond enlisted in the Army during World War II, where he was trained as a B-17 Flying Fortress pilot. After training he was shipped to England to fly in the 91st Bomb Group at RAF Bassingbourn.

During Emond's first combat mission he flew as a tail gunner in the lead group. He flew as the co-pilot of the next few missions and then as pilot (the left seat) for the rest of his tour. Emond finished his tour around the middle of 1944 and was rotated back home to a base in Florida. When the war ended he elected to stay in the service and was in the Philippines in June 1946. After his allotment of missions, Emond was later offered to become a lead air trainer in Florida. After a short stint training pilots, he decided to return to his job as a "runner" at the New York Federal Reserve.

Emond completed over 34 missions while leading Man O War II. He received the Distinguished Flying Cross and the Air Medal with 3 Oak Leaf Clusters and logged 1306 hours at the controls. He is considered one of the youngest Lieutenants to pilot a Fortress.

Picture of Emond (third from left standing) http://www.91stbombgroup.com/crewphotos/man_o_war_2_crew.html

Career
Emond's career at the Federal Reserve Bank of New York spanned 47 years. The first half of his career was spent as a Bank Examiner traveling throughout New York State. His post Bank Examination positions included being the first Officer in Charge of Operations and Technology, Officer in Charge of the Discount Window, Lead Trainer for Bank Examiners and Senior Officer in Charge of Special Projects. One of the special projects included assisting in the refinancing of the troubled Lockheed Company with investment banks (1970s). Emond was influential in establishing a more formal relationship between the Federal Reserve and the Bank of England. He was also called upon to manage several special projects for the New York board.

One of the projects included assisting in the refinancing of the troubled Lockheed Air with investment banks. Also Gene was influential in establishing a more formal relationship between the Federal Reserve and the Bank of England.

Marriage, children and grandchildren
Emond married the former Alice Whalen. The couple had five children together: Eugene Edward, Randall George, Elizabeth Jane, Gary Micheal and Douglas William. After his wife's death in 1972, he raised their two youngest sons on his own. Grand children of Eugene are Edward Heinrich, Stacy Heinrich, Julia Heinrich Sanders, Alice Heinrich, Allyson Emond Kiss, Christopher Emond, Gregory Emond, Catherine Emond and Patrick Emond.

Death and afterward
Eugene Emond died on January 28, 1989 in Pittsburgh, Pennsylvania.


 * Grew up during the depression, and he and his buddies would gather at a funeral parlor (common at that time) called Sheehy's
 * Brother-in-law was notable surgeon Dr. William Whalen, would later become President of Saint Vincent's Hospital
 * His brother Lawrence (Larry) become Chief Court Clerk for the New York Supreme Court (Bronx)
 * Lifelong Yankee fan
 * After his death, family members found a letter addressed to Gene from George Schultz (Secretary of the Treasury) thanking him for his work on the Lockheed "bailout"
 * Cathy Minihan (ex-president of the Boston Federal Reserve) worked for Gene at the New York Federal Reserve