Word: crisises
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Dates: during 1980-1989
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While no more than 5% of LBOs have so far been failures, an economic downturn could sharply raise the number of casualties. Warned Manuel Johnson, vice chairman of the Federal Reserve Board, in a June speech: "If there were a significant negative shock to the economy, high debt levels could...
But Kiszczak's experience at quelling unrest may be a primary reason why Jaruzelski pushed his candidacy. The seriousness of Poland's economic crisis cannot be overstated: labor unrest is growing, industrial production falling and annual inflation galloping along at 150%. Perhaps most serious of all, basic food staples are...
He cut short a cross-country speaking tour in Chicago, grunting to his staff, "I just know it is the right thing to do," and hurried home to Washington to confront his first hostage crisis as President. He jumped off his helicopter Marine One onto the South Lawn of the...
Our measure of a leader's courage, which in the end can raise a President to greatness or terminate his political life, is far more complicated than it used to be. "Most of the Presidents we eulogize are those who acted dramatically in crisis," said Roger Porter last week. Porter...
The President deliberately held his crisis meetings in the Cabinet Room, not the Situation Room, known for its combat decisions. "Remember, Jim Baker and Admiral Crowe and I have sat through a lot of these situations in the past years," Bush told the others around the table. He kept to...