Word: fowlerize
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...Another new investment banker, Fowler left the Government recently to become a partner of Manhattan's Goldman Sachs...
Friendly for Years. Lazard Freres owes its capital coup to the network of personal contacts carefully constructed by its French-born senior partner, Andre Meyer, 70. A close friend of World Bank President Robert McNamara and of outgoing Treasury Secretary Henry Fowler,* Meyer has been an adviser to Jacqueline Onassis, a trustee of Joseph Kennedy's estate and an economic consultant to President Johnson. He has long been friendly with both Smith and Deming and is particularly close to Lewis, who worked for Lazard Freres for eight years before going to Washington...
...point in the proceedings, Schiller snapped at the U.S.'s Fowler: "Let us be clear that the mark is not undervalued, but that the dollar is overvalued." Fowler replied with an extraordinary paean: "Gold is the sun," he said, "and the dollar is the earth. The earth revolves around the sun and the relationship doesn't change." Retorted Schiller: "Then I guess we're all just little satellites launched from Cape Kennedy." After Jenkins and Fowler had characterized the German trade tax concessions as inadequate, Schiller declared, "If the lopping off of one third of our export...
Deputy Alianza Coordinator James Fowler warned: "The kind of saving represented by the House cuts is the type that a prosperous shopkeeper in a riot zone might achieve by failing to renew his insurance policies." Somewhat chastened, the Senate last week voted to restore $300 million of the cut foreign aid funds but the final figures must still be negotiated in a Senate-House conference...
...Chesapeake and Ohio Canal. HEW Secretary Wilbur Cohen cuts wood to "work up a good sweat and work off my hostilities," while Interior Secretary Stewart Udall makes it part of his job to explore his 28,051,328-acre domain in the National Parks System. Treasury Secretary Henry Fowler, who had a gall bladder operation earlier this month, is now recuperating at home, turning his convalescence "into a most enjoyable vacation...