Word: shultz
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...countries for the Nicaraguan contras. In fact, Abrams himself had requested a contribution of $10 million from the government of Brunei, but he testified last week that he was not "authorized" to tell Congress the truth on the matter. Abrams also told the panel that Secretary of State George Shultz considered North to be a "loose cannon" and that he had been instructed by Shultz to "monitor Ollie." Yet, Abrams said, "I was careful not to ask Colonel North questions I did not need to know the answers...
After Abrams' testimony, many Congressmen called for his resignation. Although Shultz insisted that his deputy would not resign, many of Abrams' colleagues at the State Department believe his days are numbered. Abrams will prove to be a liability next fall when the Administration asks Congress for $100 million in aid to the Nicaraguan rebels. Said one State Department official: "Contra funding is in deep trouble as long as Elliott is here...
While Volcker fished, Baker, along with Secretary of State George Shultz (himself an international economist) and Treasury Secretary Baker pondered alternatives. Greenspan's name topped their list. Second came Deputy Secretary of State John Whitehead, 65, a well-known expert on international monetary matters; before joining the State Department he was a highly successful investment banker at the Manhattan-based firm of Goldman Sachs. Third on the list was Beryl Sprinkel, chairman of the Council of Economic Advisers. Shultz and James Baker discreetly sounded out the two top choices about their availability...
...vote will take place only if Greece and the U.S. are able to come up with terms of a new pact for voters to ratify. Papandreou has gradually been softening his stand on the bases in recent months. Foreign Minister Karolos Papoulias will meet with Secretary of State George Shultz during this week's NATO foreign ministers' meeting in Iceland to discuss a timetable for negotiations...
...Congress if American forces are being placed in "situations where imminent involvement in hostilities is clearly indicated." At a tense White House meeting, Chief of Staff Howard Baker and Attorney General Edwin Meese urged the President to invoke the War Powers Resolution while Weinberger and Secretary of State George Shultz argued against it. In the end, the President decided that the situation did not call for the resolution...