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Bank chief is big Buddy Holly fan

Robert McTeer is not stranger when it comes to Buddy Holly,

In fact, the president of the Federal Reserve Bank of Dallas, made a special point of visiting the grave of the late Lubbock rocker.

”The last time I was in Lubbock, which was a little over six months ago, we got in early enough to go out and visit Buddy Holly’s grave. I put a couple guitar picks on it,” he said.

In fact, McTeer took the visit one step further.

As part of the Dallas Fed’s 1999 annual report, McTeer said he dedicated a special paragraph at the end of the report involving his personal activities.

McTeer paid homage to three people at Tuesday’s luncheon, all of whom he included in the report.

He credited Adam Smith, considered the founding father of economics, since the world’s free enterprise system works so well today and the reason the economy, in general, is ”so wonderful.”

”Sam Houston has Texas tradition covered … and Buddy Holly has all of the rest of it covered,” McTeer said.

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