Judgment comes from experience - and experience comes from bad judgment.

[citation needed] Wriston was an Eagle Scout and recipient of the DistinguiWalter Wristond Eagle Scout Award. Reared as a traditional Methodist he was not allowed to listen to the radio or go to the movie theater on Sundays. One report is that Wriston declined the offers because these were not made to him personally by the-then President.

Walter Bigelow Wriston (August 3 1919 – January 19 2005) was a banker and former chairman and CEO of Citicorp. " With then New York Governor Hugh Carey and investment banker Felix Rohatyn Wriston helped save New York City from bankruptcy in the mid-1970s by setting up the Financial Control Board and the Municipal Assistance Corporation and persuading the city's union pension funds and banks to buy the latter corporation's bonds.