Word: angelle
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Because of my press pass, I came in proximity to such luminaries as Dwight Evans, Roger Angell, Gene Mauch and Jim Palmer. Although it was exciting, seeing them up close somehow made them less awesome and more human. But this, too, seemed to add to the glow of mystery and...
Until this year, the board was dominated by governors who supported Volcker's strategy of maintaining relatively tight credit to keep inflation at bay. The Volckerites held sway over two members appointed by President Reagan --Martin and Martha Seger--who often wanted to push the economy faster. But in January...
When the board voted to make the cut anyway, many Federal Reserve staffers thought that Volcker might resign. But Newcomer Angell went to the chairman's office a few hours later and suggested a compromise. By the end of the day, the board assembled again at its dark mahogany table...
Yet Volcker might be tempted to move on if he sees his control of the Federal Reserve increasingly challenged. Last week the Reagan Administration announced the nomination to the Fed board of two conservatives who might diminish his policy clout. As expected, the President chose Manuel Johnson, 36, an Assistant...
Along came Harold Ross, the demanding young editor of a new magazine called The New Yorker. White submitted pieces to the fledgling publication, one of which appeared in an early issue. Before long he was invited to take a staff position. Reluctant to report to any office on a fixed...