Word: seger
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...those questions are anywhere on target -- and if they make you squirm -- you should know that it's safe to turn on the radio again, and maybe even go back to the record store. Until recently, traditional rock -- that gut- level stuff Bob Seger had in mind when he sang, "Today's music ain't got the same soul/ I like that old-time rock 'n' roll" -- has been under assault from rap, retooled metal and various highly sampled items from the dance floor. The upper reaches of the charts have been overwhelmed by performers like Paula Abdul, laying down...
...Chairman Alan Greenspan had taken considerable heat earlier in the week for the board's reluctance to ease credit. President Bush turned it up to broil during his State of the Union address last Tuesday with the demand "Interest rates must come down now." Departing Fed member Martha Seger criticized the board for failing to ease credit earlier, which she believes might have prevented the recession. Seger contended that the Fed is staffed by academics with little business experience and even less sense of the effects of their decisions. The Fed's decisive move last week should dampen the criticism...
...house into a brothel and still gets into Princeton. Sounds like the Reagan era in miniature. But there was wit in Paul Brickman's script and swank in his camera style. For Cruise, there was more. As soon as he tore into an air-guitar rendition of Bob Seger's Old Time Rock 'n' Roll, in his Oxford-cloth shirt, B.V.D.s and socks, pop magnetism burst out of its suburban shell, and a star was born...
FOOTNOTE: *The other governors: Kansas Banker Wayne Angell, 59; California Economist H. Robert Heller, 47; Manuel Johnson, 38, a former U.S. Treasury official; Houston Businessman Edward Kelley, 55; Martha Seger, 50, a former Michigan bank regulator. One board seat is currently vacant...
...speculation that the Reaganites might wrest power from Chairman Paul Volcker, and perhaps even goad him into resigning, has proved to be off the * mark. Despite a brief, publicized dispute over a discount-rate cut in February, the Reagan appointees -- Johnson, Martha Seger, Wayne Angell and H. Robert Heller -- have generally worked well with Volcker and his allies Henry Wallich and Emmett Rice. Only Seger, a former Michigan bank regulator, has publicly sniped at Volcker. One of her complaints: the central bank's staff, which answers to the chairman, does not keep the other Fed governors fully informed...