Word: armacost
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...raced upward through the ranks, never remaining in one job for more than two years. Then, in 1980, at the age of 41, Samuel Armacost was named chief executive of BankAmerica. "My first inclination was to jump and scream," he later recalled. No wonder: Armacost was about to begin managing the world's largest and most profitable financial firm...
Even in Washington, where Marcos enjoys some of his strongest support, the official response was harsh. Under Secretary of State Michael Armacost said that the verdict was "impossible to reconcile with the conclusions of the widely respected (civilian board)." He also expressed concern over Ver's return to his post, a move that the Reagan Administration has openly opposed. Said Armacost: "It raises questions as to whether factional loyalties or professional accomplishments will determine advancement in the Philippine armed forces...
...nuclear side does worry us very much. President Reagan sent (Under Secretary of State) Michael Armacost here to talk to us, but we are not convinced. The U.S. seems to believe that Pakistan has not got the enriched uranium yet. We believe they have. Now if they have got it, then no amount of inspections and checks is going to show up this uranium. This is why we are not buying the mutual inspection deal. What also worries us is that most of their (nuclear) technology comes from the West, from private companies with the incentive to sell...
...that is not some kind of information cooked up by any Soviet correspondent in Washington. That information is based on what is written by the American media. Or here is a report about some statements made by (U.S. Under Secretary for Political Affairs Michael) Armacost and (U.S. Strategic Weapons Negotiator John) Tower in interviews. Some other statements. We can discern that some of these statements are actually designed to make the product look better, or designed to hide the actual true meaning behind the words. But the main thrust of what they want to say is that it is essential...
Bank of America's stumble occurred just as the institution was starting to recover from four years of slumping profits. Said President Samuel Armacost: "We all hate surprises, but one of this magnitude drives you nuts. It's going to be seen, correctly, as a dumb thing to have occurred...