Word: cutler
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...returned from Camp David and, on Sunday afternoon, Jan. 18, I began to coordinate our efforts from the Oval Office. I stayed there nearly all the time; whenever possible, Fritz Mondale, Presidential Counsel Lloyd Cutler and Treasury Secretary Bill Miller joined me. The lawyers and Treasury officials seemed awestruck by the sheer size of the sums being handled, certainly one of the largest financial transactions in history...
...moments of consternation continued to the end. Sunday, after we thought all other arrangements had been made, we were checking to be sure that we were ready to transmit Iranian money from our Government depository to the Bank of England. Cutler whispered that there was no way to transfer the Iranian money: the Federal Reserve Bank of New York had no funds available. Fortunately, a shift of funds among the banks of the Federal Reserve System corrected the problem. We had narrowly avoided a most embarrassing oversight...
...mind. I turned on the light and went down my handwritten list of sequential events that would have to take place. Finally, I realized that the Bank Markazi, Iran's central bank, had not sent the technical instructions required for the transfer. I called Christopher, Miller, Cutler, Powell and Muskie, in that order, to tell them to check. I was right, it was indeed a problem. Benyahia discovered that the Iranian bank officials did not agree with the terms negotiated and were refusing to cooperate...
...Lloyd Cutler, who served Jimmy Carter as counsel and advised Shultz during the hearings, sees his new client as a latter-day exemplar of an old American staple, the true citizen-statesman. "Political candidacy is about the only thing that George has missed in his experience," says Cutler. "The revolving-door dimension he brings is something good. By being in Government, his role in private life was enhanced. By being in the private sector, his role in Government is enhanced...
...Lloyd Cutler, 64, former White House counsel, on the legal profession: "We have not convinced the public of our intellectual honesty. We are regarded as more canny than candid, more as servants of our prince, as mouthpieces or hired guns, than as servants of our consciences...