The Wayne Embry Interview
By:
Michael D. McClellan
|
Monday, January 11th, 2004
On October 1st, 1999 you received basketball’s
highest honor. Please take me back to your induction into
the Naismith Memorial Basketball Hall of Fame.
You currently serve on the Federal Reserve Bank of
Cleveland Board of Directors. What is your role with the
Federal Reserve, and what role do the reserve banks play
in shaping the nation’s fiscal policy?
It was something I never dreamed of, and on that day it
makes you realize that not many people get that kind of
recognition. My goal was simply to do a good job. I
ended up being nominated – and later inducted – as a
contributor, in which the Hall of Fame recognized my
achievements both as a player and as a front office
executive. Obviously, I'm very honored to be included in
such an elite group who have already been enshrined into
the Hall of Fame. I'm pleased and I feel privileged to be
part of that group. It was definite the highlight of my
career.
The Bank of Cleveland reports to the Central Bank, and we
play a large role in shaping monetary and economic
policy. It’s quite interesting work, and a great honor to
serve. My term lasts for five years, and I currently have
one year remaining.
Final Question: You’ve achieved great success in your life. You
are universally respected and admired by many people, both
inside and outside of the NBA. If you could offer one
piece of advice on life to others, what would that be?
I’m a big believer in words that begin with the letter P:
Persistence, preparation, perseverance, and pride. Stay
true to those words and you can’t go wrong.
