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...best successor that the President could have chosen." British Chancellor of the Exchequer Nigel Lawson called Greenspan's appointment an "excellent choice." In the U.S., where Greenspan is much better known, most economic thinkers and money managers hailed the Fed newcomer -- once they had regretted Volcker's departure. Said Frederick Joseph, chief executive officer of the Drexel Burnham Lambert investment firm: "Volcker had credibility. Greenspan will have to grow into it." Agreed Alice Rivlin, director of economic studies at the Brookings Institution and a fellow member of TIME's Board of Economists: "Volcker had the confidence of the world. That...

Author: /time Magazine | Title: Alan Greenspan: The New Mr. Dollar | 6/15/1987 | See Source »

SENIOR WRITERS: Ezra Bowen, David Brand, George J. Church, Richard Corliss, Otto Friedrich, Paul Gray, Robert Hughes, Gregory Jaynes, Ed Magnuson, Lance Morrow, Frederick Painton, Roger Rosenblatt, Walter Shapiro, R. Z. Sheppard, William E. Smith, Frank Trippett...

Author: /time Magazine | Title: Time Magazine Masthead | 6/15/1987 | See Source »

...Frederick F. Little...

Author: NO WRITER ATTRIBUTED | Title: Thank You, Crimson Class Of 87 | 6/11/1987 | See Source »

...Frederick H.S. Allen '62, vice president forpublic relations for Morgan Guaranty Trust, saidas it is difficult to remain optimistic about theU.S. economy, Americans need to change theirexpectations...

Author: By Julie L. Belcove, | Title: Alumni Listen to Symposia | 6/9/1987 | See Source »

SENIOR WRITERS: Ezra Bowen, David Brand, George J. Church, Richard Corliss, Otto Friedrich, Paul Gray, Robert Hughes, Gregory Jaynes, Ed Magnuson, Lance Morrow, Frederick Painton, Roger Rosenblatt, Walter Shapiro, R. Z. Sheppard, William E. Smith, Frank Trippett...

Author: /time Magazine | Title: Masthead | 6/8/1987 | See Source »

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