Word: darman
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Robert Waters, a top aide to Sen. Tom Harkin (D-Iowa) who received an M.P.A. in 1979, also remembers management as an important component of his education. As a final project for Richard Darman's course on "Managing the Policymaking Process," Waters applied the model to a congressional office "not knowing then that I would end up using that project in the real world...
Back in November, Deputy Treasury Secretary Richard Darman startled the business community with a stinging critique of what he called the U.S. "corpocracy," management that was "bloated, risk-averse, inefficient and unimaginative." After such a harsh assessment of big business, it came as a surprise when Darman, 43, announced last week that he was leaving the Reagan Administration to become a managing director at Shearson Lehman Bros., one of the nation's largest investment-banking firms...
...Darman -- one of Reagan's brightest tacticians and a chief architect of last year's tax-reform plan -- believes he can be a catalyst for productive enterprise in his new career. "Investment banking can be of great social value," he said. "At its best, it can be done on the basis of intellectual capital as well as financial capital...
This swing has been spurred by the insider-trading scandals, which find considerable resonance with Americans. Says Pollster Field: "The public doesn't distinguish between Wall Street and Big Business. I see Big Business becoming a target in 1988." Deputy Treasury Secretary Richard Darman, one of the intellectual turbines of the Reagan revolution, masterminded last year's successful push for tax reform. He has attempted to formulate a conservative populism that would save the Reagan Administration from being inextricably tied in the public mind with Big Business and Wall Street. Darman has used the term corpocracy to describe the bloated...
High corporate rank has provided no immunity from the restructuring effort that has taken place so far. "The efficiency problem," Darman points out, "is a white-collar problem even more than a blue-collar problem." Between 1983 and 1987, some 600,000 to 1.2 million middle- and upper-level executives with annual salaries of $40,000 or more lost their jobs. An additional 200,000 to 300,000 such executives are expected to receive pink slips over the next two years...