January 22, 1987

The President today announced his intention to nominate Thomas J. Healey, of New Jersey, to be a member of the Board of Directors of the Securities Investor Protection Corporation for a term expiring December 31, 1988. He would succeed Stephen L. Hammerman.

Mr. Healey is vice president, real estate department, Goldman Sachs and Co. in New York City. He graduated from Georgetown University (B.A., 1964) and Harvard University (M.B.A., 1966). Mr. Healey was born September 14, 1942, in Baltimore, MD.