Word: elliott
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Three of the people working most closely on solving the Mexican debt crisis are Harvard graduates--President Madrid, Carlos Salinas de Gortari, Mexico's minister of budget and planning, and Elliott Abrams '69, United States assistant secretary of state for inter-American affairs...
Other sages of the investment community agree. One of Wall Street's hottest gurus, Georgia-based Robert Prechter, has used an arcane branch of analysis known as Elliott Wave Theory to predict that the Dow is on a march that will peak at 3600 by 1988. In December 1985, Yale Hirsch, editor of the newsletter Smart Money, forecast the date of the Dow's 2000 day within roughly a week. Now Hirsch predicts that the index may climb to 2300 within three months and reach 2700 later this year...
...human-rights abuses and military ineptitude. Congressional support was anything but assured after Democrats won control of the Senate in the November elections. Moreover, Washington's Central American allies have long been skittish about the U.S. policy. Days before the Iran-contra link emerged, U.S. Assistant Secretary of State Elliott Abrams warned, "The Central Americans are scared to death. They're scared about our staying power." Now Washington's friends are all the more concerned that they may get stuck supporting the contras without U.S. help. "We sympathize with their cause," says one Honduran official of the contras. "But without...
...contra program will not be irremediably damaged by the current scandal. They observe that there is no movement afoot at present to halt payment of the remaining $40 million in U.S. aid. "I think when this is all over, Congress will still be willing to back the program," Elliott Abrams said earlier this month. "We have a huge national interest in promoting democracy there." Oklahoma Republican Mickey Edwards pressed the point further in a Washington Post op-ed piece. The Congressman exhorted his legislative brethren to remember that they had approved contra aid because of the "threat posed...
...year congressional ban. Last Friday President Reagan signed an Executive Order authorizing various Government agencies to take responsibility for the $100 million package. The program will be administered on a day-to-day basis by the CIA and supervised by the State Department. As if to underscore that point, Elliott Abrams, the Assistant Secretary of State for Inter-American Affairs, traveled to the Honduran capital of Tegucigalpa, where he met briefly with President Jose Azcona Hoyo and then with several senior contra leaders...