Word: bailouts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
THOMAS W. LUCE III, 51, HAS MADE A CAREER OF CALMING the waters that Perot has stirred up. The founder of a large Dallas law firm, Luce was hired by Perot in 1974 to help dig him out of a disastrous attempted bailout of the Wall Street brokerage house of DuPont Glore Forgan. In 1984 Luce helped Perot negotiate the sale of his EDS computer-services company to GM; two years later, Luce settled a bitter dispute over the buyout of Perot's GM shares. To the general public, however, the Dallas attorney is better known for having been Perot...
...know who they are yet," says a congressional aide. "The people who will lose their jobs in textiles know damn well who they are." The Bush Administration welcomes the Uruguay Round precisely because it will strengthen Washington's hand in just saying no to inefficient firms looking for a bailout. "This is a form of deregulation at home," observes a senior official...
...bankers, O&Y named a new president to replace Paul Reichmann: Thomas Johnson, 51, the former president of Manufacturers Hanover Trust. As financial advisers, the Reichmanns signed up some well- respected Wall Street names: investment banker James Wolfensohn and Robert S. ("Steve") Miller, who helped engineer the Chrysler bailout 12 years ago. Still, O&Y spokesman Peter Rosenthal stressed that "Paul and Albert remain the primary stockholders and the top executive leadership of the company...
...American companies need the United States Government as a full partner if they are to have any hope of competing internationally," he says in A Call to Economic Arms. "That means an industrial policy." Tsongas traces his affinity for government involvement in the private sector to the 1979 Chrysler bailout. He applauds his own leadership on the issue, but the driving force was really Senator Richard Lugar, an Indiana Republican. "Tsongas was important to show bipartisan support," says Roger Altman, the former Assistant Treasury Secretary in charge of the Carter Administration's effort to save Chrysler. "But it was Lugar...
...more men, Ricardo S. Park, 19, ofDorchester, and Lazell Cook, 20, of Brookline,were arrested when they went to the jail to bailout Gordon and Lee. They were also present duringthe crime, according to Assistant DistrictAttorney Kathy Keeley...