Word: neill
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Dates: during 2000-2009
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...drama now revolves around what Koizumi's government can do. On a tough-love trip to Tokyo last month, U.S. Treasury Secretary Paul O'Neill warned that if Japan didn't do some stiff brooming fast it could face "economic upheaval." In the Japanese context the meaning was clear: a loss of confidence, bank runs, financial collapse. Tokyo's greatest hope is a stiff restructuring of banks - one that keeps them afloat while at the same time forces them to drop deadbeat creditors - that doesn't freak out savers...
...favorite whipping boy is Office of Management and Budget Director Mitch Daniels. Democrat Kent Conrad, who chairs the Senate Budget Committee, practically accused him in hearings last week of going to the Enron School of Accounting in drafting the federal budget. The other target is Treasury Secretary Paul O'Neill. He got into a silly spat last week with the Democrats' senior senator, Robert Byrd, over which one of them came from the humblest beginnings...
...Republican White House, which received the vast majority of the Enron money, struck an unbothered pose, relieved that neither Treasury Secretary Paul O'Neill nor Commerce Secretary Don Evans had lifted a finger when Enron came calling for help last fall. Still, the Bush team made one tiny bow to the explosive potential of the Enron scandal, hinting for the first time that it might fork over the details of Vice President Cheney's closed-door meetings with energy-industry officials last spring if a congressional committee requested them. Bush spokesman Dan Bartlett predicted that those papers, if released, would...
Amid all their self-congratulatory talk about being forthcoming--getting "in front of the story," as it's known in Washington--Bush officials insist they see nothing odd about the idea that it took nearly three months for Commerce Secretary Don Evans and Treasury Secretary Paul O'Neill to inform the White House that Lay had come to them seeking help as the company was going under. If the White House's story is so clean--Enron asked; we said no--why wait three months to tell...
Last week news of the calls to Evans and O'Neill kicked the Democrats into high gear, targeting Bush as an enemy of the little guy. The White House, said Democratic Congressman Henry Waxman, "had knowledge that Enron was likely to collapse but did nothing to try to protect innocent employees and shareholders, who ultimately lost their life savings." And it's not just the Waxmans of the world that Bush has to worry about. Louisiana Republican Billy Tauzin, chairman of the House Energy and Commerce Committee, the first to announce a formal congressional probe, has already sent investigators...