Word: thrifts
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Dates: during 1990-1999
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...National Association, the higher education agenda is marked by concerns about taxation, student aid, overregulation and science, says Julianne Still Thrift, executive vice president...
David Bristol knows all about hardship -- and overcoming it. The 42-year-old government attorney, whose cubbyhole of an office is just across the street ! from the White House, was born with cerebral palsy. When he started his job with the U.S. Office of Thrift Supervision, his hands shook so much that it was impossible for him to type reports by himself...
Both Republican and Democratic experts agree that the new budget rules should lead to a lower deficit in a few years. But they add that unexpected costs, like those from the gulf war and the thrift bailout, could again postpone that day indefinitely. Last week Bush told several thousand businessmen and -women in New York City that the deficit would be "virtually eliminated by 1995." The audience reaction was a mix of scattered applause and derisive laughter. As one of Bush's predecessors put it, you can't fool all of the people all the time...
Lawyers for the federal Office of Thrift Supervision made that veiled reference last month to persuade an administrative-law judge to take a tough line in reprimanding the President's 35-year-old son for his performance as a director of Denver's Silverado S&L, which collapsed in 1988 at a cost of $1 billion to the U.S. When Judge Daniel Davidson issued his decision, he declared that Bush had broken conflict-of-interest rules. The judge ordered Bush to avoid future conflicts, a mild sanction. But the OTS lawyers' cryptic reference to a potential new problem intrigued congressional...
Most Unnecessary Confession by a Presidential Relative "I didn't pretend to be an expert on the savings and loan business," said Neil Bush. The President's son served as a director of Silverado, the Denver S&L, just before the thrift collapsed in a $1 billion heap in 1988. A judge later urged that Bush be disciplined for not disclosing business deals with two Silverado borrowers...