Word: lloyds
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...dive in the dollar had once been expected to dominate this week's summit meeting of the seven major industrial powers in Naples. But now Secretary of the Treasury Lloyd Bentsen insists there will be no "detailed discussion" -- and perhaps wisely. What, after all, could Bill Clinton say? That he is not to blame for the battering of the buck, sees little he can do about it, and is not sure he should even try? A plausible argument could be made for all those propositions, but it would not calm the currency markets...
...Lloyd Bridges also stars as Max, Dove's uncle. He actually says things like "the Old country" and no joke, "Arrrrr!" Most people think that Lloyd Bridges can only do comedys about airplanes. Most people are right...
Senior Administration sources are speculating that WARREN CHRISTOPHER, who has come under fire as Secretary of State, will be renamed a senior adviser to the President by the end of the year, and Lloyd Bentsen will take over at State. Then, goes this scenario, White House chief of staff Mack McLarty will assume Bentsen's Treasury Secretary post, and deputy chief of staff Harold Ickes will fill McLarty's job. Christopher is said to be so insecure that his staff is keeping a distance between Bentsen...
Federal Reserve Chairman Alan Greenspan called the U.S. economic outlook "as bright as it has been in decades," but sent the signals investors hate most: the Fed might again take steps to prevent inflation by boosting interest rates. Treasury Secretary Lloyd Bentsen, trying to stand tall a day after the dollar sank to a post-World War II low against the Japanese yen, vowed action if needed to bolster the greenback. Economists said the two men are in a bind: allow the dollar to fall further, and potentially provoking inflation, or raise interest rates and dampen U.S. economic growth...
...Lloyd Bentsen...