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STRAUSS--Peter, 89, of Scarsdale, New York, died at home on November 9, 2010. Beloved husband of 61 years to Barbara Strauss, he was the cherished father to John, Eileen and Sally and "Papa" to Jennifer, David, Jill, Amy, Alexandra, Ariel and Drew. Without resources for medical school, he pursued a career in finance, becoming a partner at Neuberger Berman, where he labeled himself a financial "doctor" promoting the financial health for his family, friends and clients. Many owe their way of life and opportunities to his exceptional judgment. His investment acumen first became apparent during the depression when at the age of eight he insisted on removing his entire savings from the bank just days before the crash. He went on to graduate early from Yale so he could join the Marines where he was one of three officers who accepted the Japanese surrender in China and received the Bronze Star. He was an avid reader with a keen mind who loved to share and discuss the latest history books. A strong believer in the value of education, he established several scholarship programs to enable needy students to pursue their dreams. In lieu of flowers, he requested that donations be sent to the Peter Strauss family scholarship fund at Yale or the Dr. Israel Strauss Scholarship Fund at Mount Sinai School of Medicine. A memorial service will be held at the Yale Club in early January.

Published in The New York Times on Nov. 10, 2010
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