Word: duberstein
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
White House spokesman Marlin Fitzwater said Reagan was informed of the indictments by Kenneth Duberstein, his deputy chief of staff. Speaking of Reagan, Fitzwater said, "He had no response," He said there was no White House comment because "It's a matter before the courts...
Howard Baker and his deputy, Kenneth Duberstein, brief Ronald Reagan on the crash. White House Spokesman Marlin Fitzwater is instructed to issue a few calming words: "The underlying economy remains sound...
...decisive meeting occurred Tuesday after the market close. James Baker, by then back in his Treasury office after having cut short his trip to Europe, first called in Howard Baker, Greenspan and Sprinkel to coordinate what they would tell the President. Then, joined by Duberstein, they went upstairs in the White House to the brightly colored West Sitting Room, which the Reagans use as a living room. James Baker opened by telling Reagan that the world seemed to be looking for some movement on the President's part, and the quickest way he could display leadership was by reaching...
...other insiders were already monitoring the stock market apprehensively. The previous Friday, White House Chief of Staff Howard Baker had pulled together an informal group consisting of himself, the Treasury Secretary, Council of Economic Advisers Chairman Beryl Sprinkel, Federal Reserve Chairman Greenspan and White House Aide Kenneth Duberstein. They met with the President after the market had closed with a then record loss of 108.36 points (shortly to be vastly eclipsed). Their message: basic economic indicators were good, but the markets were very nervous...
...touch with old colleagues on Capitol Hill, where he had once been Republican Senate leader, and phoning people on Wall Street, including New York Stock Exchange Chairman John Phelan, to get market reports. At 3:40 p.m., 20 minutes before the close of trading, the chief of staff and Duberstein called at the Oval Office to give Reagan a market status report. But prices were tumbling too rapidly for anyone to keep track of them. Reagan, as his later statements indicated, simply did not know what to make of the crash...