Word: richarde
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Dates: during 1980-1989
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...spring, when congressional leaders and the Bush Administration began putting together a deal. The President's goal was to keep his read-my-lips campaign promise of "no new taxes." Congressional leaders wanted to appear to meet deficit-reduction targets without cutting any politically popular spending programs. Budget director Richard Darman came up with a solution that was simple -- too simple. A cut in the capital-gains tax would at least temporarily raise money to cover the revenue shortfall. Many Democrats at first supported the plan that looked like all gain, no pain...
...prohibition has a venerable history. It was first adopted within the CIA in 1972 by former director Richard Helms. "It was bad policy for the U.S. to go around assassinating foreign leaders," Helms explains now. "Not only for moral reasons but also because in the U.S. nothing can be kept secret for very long." He was right. During the following few years, a drumbeat of press stories and congressional investigations disclosed past attempts by the CIA to kill Congolese ex-Premier Patrice Lumumba, Cuba's Fidel Castro and other foreign leaders. Though apparently none of these plots succeeded, President Gerald...
...points on Friday the 13th, top U.S. financial officials knew it was up to them to help avert a panic the following Monday. At a pivotal two-hour meeting, Treasury Secretary Nicholas Brady, a former Wall Streeter, huddled with Alan Greenspan, chairman of the Federal Reserve Board, and Richard Breeden, head of the Securities and Exchange Commission. Sifting through the latest market data, the trio concluded that the Dow Jones industrial average would fall more than 50 points when the New York Stock Exchange opened Monday, but then would probably rebound as buyers began to snap up shares at bargain...
Editorial Director: Richard B. Stolley...
Senior Vice Presidents: Richard W. Angle Jr., Michael J. Klingensmith...