Word: chairman
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Dates: during 1990-1999
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CHARLES R. DOTY Democrat, Oklahoma Resume: Pastor, dog breeder Relevant experience: Precinct inspector and county chairman who has run in every presidential election since 1984 Platform: Not announced...
...game the Fed. For weeks on end I heard talking head after talking head spouting that the Federal Reserve Board was about to embark on a string of tightenings to cool down the economy. The Fed watchers had it all figured out. Fed Chairman Alan Greenspan had repeatedly leaked that the rollicking days of a strong economy were over. He was going to put the brakes on the longest peacetime advance with a series of rapid-fire interest-rate hikes that would send the stock market into a tizzy...
...Chairman used to walk to his meetings virtually unnoticed, just another Washington bureaucrat. Last week there were a dozen cameras and reporters dogging his every step. If you followed these sometimes frightening prognosticators, you might have been turned from an investor to a trader, spooking out of high-quality stocks because you feared a Fed action that in another era wouldn't have meant a hill of beans to you. Some of these know-it-alls had you believing that the stock market was the Fed's enemy...
...investors lost billions when it was revealed that Bre-X Minerals engaged in the largest mining fraud in history. Bre-X vice chairman John Felderhof, who is charged with insider trading, lives beyond extradition, with his wife, in the Cayman Islands...
...disputes between Israel and the Palestinians over issues ranging from the status of Jerusalem and the future of Israeli settlements in the West Bank to the question of refugees are exceedingly complicated, and there are no quick solutions." Barak plans to meet with President Clinton and Palestinian Authority chairman Yasser Arafat shortly to jump-start the peace process. And while the atmospherics of those meetings will seem light-years away from the sullen exchanges with Netanyahu, don?t expect the deep substantive differences to melt like the morning mist...