Word: chairman
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...executive suites, the bewilderment is no different. Said Bell & Howell Chairman Donald Frey: "I'm both puzzled and appalled. I just can't get the words and the music together." Sighed lifelong Democrat Newton Minow, former chairman of the Federal Communications Commission and a Carter supporter: "The Cabinet is not the problem. It is the people in the White House. Elevating Ham Jordan is no answer...
...ironic that last week President Carter's appointment of Volcker to replace incoming Treasury Secretary G. William Miller as chairman of the Federal Reserve Bank was generally viewed as a brilliant defense of the dollar. Said usually testy Senate Banking Committee Chairman William Proxmire: "The President has shown outstanding judgment. His appointment will be praised by Congress, by participants in domestic financial markets and by the international monetary community." Added the Brookings Institution's Robert Solomon: "The President couldn't have found a better man." The stock market shot up, bond prices improved, and, despite Carter...
...Said Volcker last week: "I don't think recessions in and of themselves are ever a great thing, but I don't think you just inflate yourself out of a recession either." Twice this spring, at Federal Reserve System policy meetings, Volcker voted in the minority, against Chairman Miller, in favor of raising interest rates. By appointing him, Carter appears to be giving a sign that he will not dilute his anti-inflationary policies in order to stop an election-year recession. Said the President: "He shares my determination to vigorously pursue the battle against inflation at home...
...from a middle-class family-his father was city manager of Teaneck, N.J.-and is known to be somewhat parsimonious. His cigars, complain his associates, do not carry a banker-like aroma. (One of his first acts, nonetheless, will probably be to remove the NO SMOKING signs Chairman Miller installed in the Fed boardroom.) Volcker's preferred entertainment is watching sports on television with a beer in hand. Once, when meeting a colleague at a Swiss nightspot, he put off the waitress until their conversation was completed. Then, never having ordered a drink, he complained that the prices were...
...urged approval of the accord, he stressed that U.S. military forces must be bolstered to offset Moscow's continuing arms buildup. That SALT II would be no substitute for accelerated U.S. defense spending was argued even more strongly by five other witnesses, the Joint Chiefs of Staff. Chairman David Jones warned the Committee against "the risk that SALT II could be allowed to become a tranquilizer to the American people." Said he: "If the nation accepts the SALT II agreement, it does so with a full understanding that we will be required to undertake a series of important strategic...