Word: walls
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...team: Richard Darman, the designated head of the Office of Management and Budget, and Nicholas Brady, the Treasury Secretary. Darman has already emerged as Bush's chief strategist for the coming slugfest with Congress over the budget deficit; Brady, a close friend of the President's, has staked out Wall Street reform and U.S. competitiveness as his turf. But Boskin may hold his own; he has a rapport with the President that Darman lacks and more conceptual depth than Brady...
...role as a world leader. But the President left no doubt that he disdains those who claim that deficits do not matter. If asked, Bush would undoubtedly agree with the assessment of Alice Rivlin, a former head of the Congressional Budget Office. "The budget deficit," she told the Wall Street Journal, "has become a defense issue, a foreign policy issue, a health-care issue, an education issue. Getting the budget deficit behind us has become a test of our ability to govern...
What better way to police a company than to sign up a former top cop? Wall Street's Drexel Burnham Lambert, which agreed last month to settle criminal- fraud charges, plans to hire a new chairman for its holding company. Drexel's choice to succeed Robert Linton: John Shad, the U.S. Ambassador to the Netherlands and former head of the Securities and Exchange Commission. Drexel is also recruiting trade consultant Roderick Hills, another former SEC chief, to serve on the firm's board. Neither had formally accepted by week...
...budget deficit. The idea could quickly gain ground among congressional leaders who are preparing to haggle with the incoming Bush Administration over steps to stanch the red ink. "It seems everybody has decided that a higher gasoline tax is the answer," says Susan Simon, a Washington political analyst for Wall Street's Shearson Lehman Hutton...
...defense resources, the Administration tolerated such sloth that blatant waste and scams eventually evoked an anti-Pentagon backlash. While Reagan celebrated deregulation as the key to a more creative economy, lax scrutiny of the savings and loan industry contributed to widespread failures that will cost taxpayers tens of billions. Wall Street's obsession with wasteful takeovers diverted resources away from constructive investment, while stagnation in basic research for civilian technology inhibited innovation. Efforts to compete effectively with Japan and other striving industrial rivals suffered accordingly. Looser ethical standards and the adoration of capitalism led to a wave of scandals...