Word: governmental
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Dates: during 1980-1989
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After more than two troubled years as the Government's top savings and loan regulator, M. Danny Wall fell victim to the nation's spreading S&L scandal. The clamor for his ouster mounted last month after lower-ranking bank examiners told Congress that Wall had unduly delayed for 21...
The most disturbing fact is that no one knows how severe the problems may be. In a report to Congress last month, the General Accounting Office described the same pattern of sloppy accounting and slack Government supervision that allowed the S&L debacle to go unchecked. Because many agencies kept...
The most somber note at the session was struck in assessing the state of the Soviet Union. Soviet panelist Andranik Migranyan, senior research fellow at Moscow's Institute of Economics of the World Socialist System, warned that after five years of perestroika, "our economists say we have yet to hit...
According to Migranyan, the unsettling change in climate is partly due to Gorbachev's democratizing efforts. Those measures have permitted grass-roots resistance to unpopular reforms. "The Soviet Union," said Migranyan, "is acting like a democracy without really being one." Above all, said Migranyan, his country needed a model to...
Eastern Europe, Jeszenszky suggested, had already found a political form that made dramatic economic restructuring possible: the "grand national coalition," modeled on the government in Warsaw. "Poland's Solidarity movement set the pattern," he said, comparing loose non-Communist political groupings in Hungary, East Germany and Czechoslovakia to national coalitions...