Word: oilman
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None of this is likely to erode the White House's strong support for Tower. The diminutive Texan's 1962 success in becoming the first Republican Senator from the Lone Star State since Reconstruction helped inspire oilman George Bush to enter Texas G.O.P. politics. Last year Tower was one of the first prominent Republicans to endorse Bush, and he stumped hard for Bush throughout the campaign. Tower has coveted the post of Secretary of Defense for at least eight years; he asked Ronald Reagan for it in early 1981 and renewed his request immediately after Bush won last year...
...moxie. The firm is handling a $3.5 billion junk-bond offering as part of the $25 billion leveraged buyout of RJR Nabisco. For its share in financing history's largest takeover, Drexel expects to take in $229 million before expenses. Many clients still profess their allegiance. Says raider and oilman Pickens, who relied on Drexel's financing clout to make bids for Gulf Corp. and Phillips Petroleum: "I have the highest regard for Fred Joseph...
...Robert Mosbacher, 61, a cautious Texas oilman and longtime Bush friend and political fund raiser, was tapped as Secretary of Commerce...
WASHINGTON--President-elect George Bush today named Texas oilman Robert Mosbacher secretary of commerce and tapped Carla Hills, the first woman named to a high-level post in the incoming administration, to be special trade representative...
...environment, Dukakis implemented one of the country's strongest toxic waste clean-up programs and fought for safety controls at the Seabrook nuclear power plant. While Dukakis opposed offshore oil drilling, there is little hope that former oilman Bush will. As head of Reagan's task force on Regulatory Relief, Bush led the administration's effort to cut regulations on air polluion, toxic waste and curbing use of lead gasoline...