Word: roosa
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Treasury. As Under Secretary for Monetary Affairs, Johnson chose Frederick L. Deming, 52, president of the Federal Reserve Bank of Minneapolis, to replace Robert V. Roosa, who is joining a New York investment firm. Roosa will be a tough act to follow; he was a key figure in the intricate international finance operation in November that poured a desperately needed $3 billion loan into the British treasury to prop up the sagging pound. But Deming, an economist with a Ph.D. from St. Louis' Washington University and a career man in the Federal Reserve System for 23 years, was hand...
This month's departure of Robert Roosa as Under Secretary of the Treasury highlights an important question about monetary policy in Washington. A substantial number of the highest fiscal posts in the U.S. Government will soon be held by new appointees. The question that concerns businessmen, and that there is no way of answering now. is: What kind of men will they...
President Johnson is expected soon to appoint a replacement for Roosa, who resigned to take a partnership in the banking and investment house of Brown Brothers Harriman and write a book on monetary policymaking. Leading candidates for the job: Fred Deming, an able economist and president of the Minneapolis Federal Reserve Bank, who leans toward easy credit. and Charles Coombs, vice president of the New York Federal Reserve Bank, an international monetary expert who helped Roosa line up the $3 billion emergency loan for Britain...
Beyond this, nearly a dozen other important economic posts in Washington will soon change hands. At Treasury, a major turnover is in the offing. Aside from Roosa's job, a successor is still to be named for Henry Fowler, who last spring quit as the second-ranking Under Secretary. The department's No. 4 man. General Counsel G. D'Andelot Belin, intends to return soon to his Boston law practice. And Treasury Secretary Douglas Dillon has reportedly served notice that he intends to resign by next July...
...chance impression of panic, and made occasional use of what is known in Washington as "the crossruff": the practice of getting someone to join a party by telling him someone else is coming in. The need for secrecy was so important that in the midst of negotiations, Roosa even donned a tuxedo in the office and went off to a scheduled piano recital at the Polish embassy lest anyone suspect by his absence what was afoot. He kept a car waiting outside with its motor running, just in case...