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...information age that it did between 1970 and 1995," he said at a New York fundraiser last week. "It ought to be debated within a commitment not to let inflation get out of hand." By appointing Rivlin, he hopes to create encourage that dialogue on the Fed. Unlike investment banker Felix Rohatyn, who withdrew his name from Fed consideration under heavy criticism of his economic philosophies from Senate Republicans, "Rivlin should not have a hard time getting confirmed by the Senate," says TIME's J.F.O. McAllister. "She is known as a deficit hawk, more so than almost anyone...

Author: /time Magazine | Title: Looking for a Dialogue | 2/22/1996 | See Source »

WASHINGTON, D. C.: After Republicans forced the White House to drop its campaign to name heavyweight investment banker Felix Rohatyn to the Federal Reserve's number two spot, the Clinton Administration finds itself scrambling for an acceptable replacement. Chairman Alan Greenspan is expected to be reconfirmed in his job, but TIME's Adam Zagorin says President Clinton is fighting an uphill battle to fill the two open spots on the board with liberal economists who could counter Greenspan's fiscal conservatism. "It's unclear which Clinton nominees, if any, could pass muster with Al D'Amato and the Senate Banking...

Author: /time Magazine | Title: Federal Reservations | 2/15/1996 | See Source »

...Horan, an attorney for the McDougals, the subpoena is expected to be served at the White House on Tuesday. Horan maintains that only Clinton's testimony can clear Mrs. McDougal on the charges related to her receipt of a $300,000 loan from David Hale, a former Little Rock banker. TIME White House Correspondent James Carney reports: "Susan McDougal's lawyer wants Clinton to come in and testify to exonerate her, to say that he never pressured David Hale into giving her that $300,000 loan. But what they want to avoid at all costs is to have Clinton take...

Author: /time Magazine | Title: President Clinton Subpoenaed In Whitewater trial | 2/5/1996 | See Source »

Another frequently mentioned candidate is Felix Rohatyn, a Wall Street investment banker, and long-time friend of Greenspan...

Author: By Douglas M. Pravda, | Title: Prof. Friedman Rumored to Be Fed. Board Pick | 1/22/1996 | See Source »

...cryptically titled, well-paid, recruited person is fascinating and satisfying. This must be true of some of the jobs one can obtain through the recruiting process. But the college experience of many recruiting hopefuls does not coincide as neatly with the activities of a management consultant or investment banker. It is difficult to imagine that students from almost every concentration, who filled their undergraduate days with sports, public service, campus publications and musical groups, have in fact been quelling a deep-seated interest in finance and corporate management. We have no doubt that some people are fascinated by these subjects...

Author: NO WRITER ATTRIBUTED | Title: Money (That's What We Want) | 12/16/1995 | See Source »

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