Edward A. Tenenbaum

Edward Adam Tenenbaum (1921–1975) was an American economist, sometimes referred to in Germany as (father of the Deutsche Mark).

Biography Tenenbaum was the son of Polish Jews who emigrated to America. In the late 1930s, he was a student at the International School of Geneva, Switzerland, where he befriended the portrait artist Milein Cosman. He subsequently graduated summa cum laude from Yale University in 1942. for the Bachelor of the Arts candidate ranking highest in scholarship.

Tenenbaum was a US First Lieutenant and intelligence officer with the Publicity and Psychological Warfare unit of the Twelfth Army Group headquarters under General Omar N. Bradley. While in his early 20s, he and civilian Egon W. Fleck were the first two non-captive Allied personnel to enter Buchenwald concentration camp on April 11, 1945, at 5:30 p.m.

After the war, Tenenbaum served as special assistant to Lucius D. Clay, finance adviser of the U.S. military-established government from 1945 to 1948 and as an economist with the Economic Cooperation Administration from 1948 to 1950. He is credited with rescuing the German Deutsche Mark while in this position with the Currency Reform of 1948. Former German chancellor Helmut Schmidt said about Tenenbaum, "He was the intellectual link between the American military government and the German experts."

Tenenbaum died in a traffic accident in 1975.