Word: chairman
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Dates: during 1970-1979
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...Michael Blumenthal, the outspoken Secretary of the Treasury. Nominated to replace him was G. William Miller, the chairman of the Federal Reserve Board since 1977. Miller will be succeeded temporarily at the Federal Reserve by Frederick Schultz, a former Florida banker and Carter crony, who was confirmed as a board member by the Senate only last week...
...first time in history. Among many political experts and professional politicians, including those of his own party, there was a sense that instead of setting the Government on his promised "new course," Carter had blundered into a new crisis. Said Tim Hagen, the Cleveland area Democratic Party chairman: "In baseball, you fire the manager. Here they are asking the players to quit." Sniped the Massachusetts Democratic Party chairman, Chester Atkins: "The mouse that roared is still a rodent...
Carter's approval rating spurted eleven points in a New York Times-CBS poll, to 37%?the first upturn since a survey last March. Even critics who faulted his energy program as too timid regarded it as a much needed beginning (see ECONOMY & BUSINESS). Said Democratic National Chairman John White, who thought he saw the makings of a re-election winner in 1980: "I took down my 'for sale' sign this morning...
...that was only the beginning. Now the union is going after E. Virgil Conway, chairman of the Seamen's Bank for Savings in New York City, who refuses to quit as a director of Stevens. The union is stirring up activist groups against Sea men's by pointing out that the bank makes most of its mortgage loans to borrowers outside metropolitan New York. The ACTWU has also enlisted political, labor and religious groups to help block the bank from opening a branch on Long Is land...
...civil Suit in Washington last week, the SEC accused ISC of getting some $750 million in orders over the past decade by making more than $23 million in "questionable and illicit" payments, and having "outstanding commitments" of $10 million for similar payments. Named as defendants were the company, deposed Chairman J. Thomas Kenneally, Senior Vice President Herman Frietsch, former General Counsel Raymond Hofker, former Treasurer Albert Angulo and Chief Engineer Harlan Stein. The SEC asked the court immediately to appoint an agent to take over the company's records and oversee its activities. Reason...