Word: alcoa
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Bush White House is strictly top-of-the-organizational-chart, an outfit run by corporate bosses: Dick Cheney from Halliburton, the oil-services giant; Treasury Secretary Paul O'Neill from Alcoa; and Commerce Secretary Don Evans from the Denver oil-and-gas outfit Tom Brown. These are capitalists who know how to make a buck and were never ashamed...
...buddy movie, opposites attract. Striding through Accra's sprawling Makalo market past mounds of fresh pineapple, peppers and salted fish, O'Neill wears black tassel loafers and gray slacks; Bono sports a rumpled safari shirt and his trademark blue wraparound sun glasses. O'Neill, the former head of Alcoa, interrogates vendors on the economics of their business, trying to figure out the impact more U.S. aid might have. Bono walks up to a merchant selling psychedelic tie-died textiles and asks, "Have you ever heard of Jerry Garcia? " When O'Neill's microphone goes awry in Ghana's presidential palace...
...years 2004-2006. That is more than his Democratic predecessor put on the table, but would still leave US foreign economic assistance the lowest among major industrial nation as a percentage of output. O'Neill is clearly moved by the human cost of Africa's underdevelopment. But the former Alcoa CEO remains hard-nosed about handing out more cash when billions of dollars in economic aid have frequently failed to produce growth over the last 50 years. As O'Neill puts it, "These problems are solvable . . . and may even be doable with resources that are already available." Translation: there...
...plainly forecasting better times. The rise in long-term interest rates indicates that bond traders expect higher demand for credit in the next six to nine months as consumers and businesses resume spending. The stock market too tends to rise ahead of the economy; led by cyclical stocks like Alcoa and DuPont, the Dow is up 21%, closing last week at 9960, a decisive shift that qualifies as a new bull market...
...Treasury under President Clinton, is easily found in his chairman's office at Citigroup, the banking colossus. Fat lot of good that does us. The Bush Administration faces an all-out market crisis and can offer only wavering reassurances from the untested Paul O'Neill, the former Alcoa boss and current Treasury Secretary. And then there's Bush himself, whom no one sees as supremely tuned to Wall Street worries...