Word: hubbardism
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While Bernanke’s colleagues seem to agree that he would be a successful Fed Chair, they acknowledge that he is just one of a very strong field of contenders, which includes R. Glenn Hubbard, the dean of Columbia University’s Graduate School of Business, and Baker Professor of Economics Martin S. Feldstein ’61. (See related stories on Wednesday and Friday...
...President might pluck from corporate America a CEO with little formal finance background to run the Fed, as he did with John Snow at Treasury. The most likely candidates, though, are Martin Feldstein, a Harvard professor and former head of President Reagan's Council of Economic Advisers (CEA); Glenn Hubbard, dean of Columbia Business School, who ran the CEA during much of Bush's first term; and Ben Bernanke, just nominated to be the new CEA chief...
...biggest danger facing Bolton is suspicion that he deliberately misled Senators in his public testimony defending himself against these challenges. Already they have statements from Thomas Hubbard, who was President Bush's ambassador to South Korea during his first term, saying Bolton misrepresented Hubbard's views about the bitingly anti--North Korea speech Bolton gave in July 2003, just days before the launch of delicate six-nation talks aimed at persuading Pyongyang to give up its nuclear-weapons program. The speech--in which Bolton vilified Kim Jong Il as a "tyrannical dictator" and said life in North Korea...
...Hubbard contacted the committee last week and said he had, in fact, opposed the speech and had thanked Bolton only for making some specific minor changes to it that Hubbard had requested. According to a memo obtained by TIME describing Hubbard's interview last Friday with committee Republicans, the former ambassador "says he strongly disagreed with the tone of the speech, especially at the sensitive time in the negotiating process, and asked Mr. Bolton to tone it down. He did not." Retired Ambassador Charles Pritchard, who was then special envoy for negotiations with North Korea, tells TIME he never approved...
Kaminsky had no idea that a photographer had captured the event until FM appeared in the door of the Currier Ten-Man—a door which is now plastered with the picture along with the caption “The Rise and Fall of Clay Hubbard Kaminsky,” an extra touch from his roommates...