As chairman of the Federal Reserve Bank of New York from 2000 to 2004, he recruited Timothy Geithner to become its president in 2003. Geithner later became Treasury Secretary under President Barack Obama.
Peterson’s first marriage, to a college classmate, ended in divorce. With his second wife, the former Sally Hornbogen, he had five children: John, Jim, David, Holly and Michael. After that marriage ended in divorce, he married Joan Ganz Cooney, co-founder of Sesame Street and Children’s Television Workshop.
In addition to his wife and children, he is survived by his younger brother, John, and nine grandchildren.
This article was provided by Bloomberg News.