Word: accountants
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Dates: during 1990-1999
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...White House sent chief counsel and eminence grise Lloyd Cutler to testify on the first day of hearings. Cutler's mild, 11-page account of 20 contacts between White House officials and those overseeing the federal probe of the Madison Guaranty S&L briefly seemed to take the air out of the hearings. But he had barely completed his testimony when he corrected himself, moving up by one week the time at which the White House knew the targets of the RTC's investigations. His assessment of the Clinton team's overall performance was a gentle scold: "I have concluded...
...White House staffers Harold Ickes and Margaret Williams -- turned only on how the RTC normally handles cases when the statute of limitations on civil actions is about to expire. Altman said he provided no further information about the RTC's probe of the Madison failure. But his initial account was faulty; Altman amended his story four times in the next four weeks...
Altman disputes the new account, saying, "No information of any kind was % provided about the status of the investigation." Ickes' lawyer also disputed the G.O.P. Senators' characterization of his own testimony, saying that Ickes had only inferred from Altman that the RTC case was moving slowly. Casting more light on what Altman said in the White House on Feb. 2 will be a prime goal of Senators in this week's hearings. But many of them already believe Altman has been too damaged to continue at Treasury...
...cannot help but hold the recording of the fourth symphony against the standard of Carlos Kleiber's intensely gripping account on Deutsche Grammophon. Haitink does not fare badly at all, and his treatment of the elaborate passacaglia structure of the fourth movement is thoroughly admirable, including the difficult horn chorale...
Those who argue that Katzenberg, 43, should ascend to help Eisner make these decisions point to his track record. As chairman of the company's flourishing studio enterprises, which account for 43% of its gross revenue, he finds himself atop the hottest movie of the year and perhaps the most profitable in history (The Lion King), the No. 1 television show (Home Improvement) and the No. 1 Broadway production (Beauty and the Beast). "Pick up the recent edition of the annual report," says a Katzenberg friend. "You'll see Michael Eisner's picture on page 2. Where's Jeffrey...