Word: watchdogs
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Dates: during 1980-1989
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Electronic Watchdog...
...have stringent guidelines for the use of federal-owned automobiles," the says use Dick of Helmer, seniorgroup director of the watchdog General Accounting Office, "but nothing on aircraft."As a result, said the GAO in a report last week, there is widespread waste and misuse by U.S. officials of Government air planes. The GAO looked at purchasing and maintenance practices in 19 agencies, ranging in size from the relatively small Bureau of Reclamation to theTennessee Valley Authority, and found...
...Reagan is vindicated, however, he and the nation could well pay a high price for the cleansing process. Any scandal diverts the Government from its essential business of sustaining the economy, the national defense and the pursuit of peace. It also sidetracks the press from its role as watchdog on the great issues. The distraction can, in turn, disillusion allies and invite aggressive moves by unfriendly nations. When a scandal is legitimately grave, all that is worth enduring. If a scandal is overblown, however, the nation is subjected to a deplorable, unnecessary burden. Politics and government are arts of compromise...
...Ross Kenzie, a former Merrill Lynch executive vice president who became president of the Buffalo Savings Bank in 1979. Says Kenzie: "At this bank, there is a bias toward action." Goldome's acquisitions include three failing thrifts that the Federal Deposit Insurance Corp., the Government's watchdog for the banking industry, was trying to save. The largest was the New York Bank for Savings (assets: $3.4 billion...
...Commission (NRC) has been under intense public pressure to make sure that workable plans exist for evacuating the people who live near one of the 83 American nuclear power plants in case of another emergency. Last week the NRC showed by two tough decisions that it really takes its watchdog role seriously. In a unanimous ruling, the five-member agency voted to shut down by June 9 two troubled reactors that serve metropolitan New York City unless local authorities quickly agree on acceptable evacuation procedures. In a separate action, the agency levied its largest fine ever for a nuclear plant...