Word: wirth
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...cool rationalism of such an approach is well suited to its purveyors. Those who articulate it best-like Congressmen Richard Gephardt of Missouri and Timothy Wirth of Colorado and Senators Bill Bradley of New Jersey and Dodd of Connecticut-tend to share a generational outlook. They are the post-Viet Nam generation, liberal but nondogmatic...
This is not at all a message that the new Democrats want to send. They want to espouse less Government, not more. Protests Neoliberal Wirth: "The fact is, we already have an industrial policy. We already spend $300 billion in subsidies to industry, but it's a crazy quilt of patchwork policies. The Republicans say get rid of it. We say that's absurd. We say don't get rid of it, rationalize...
...Washington legislators and regulators have done little besides watch the buyout binge. But pressures are building to curtail the deals. Colorado Democrat Timothy Wirth, chairman of the House Subcommittee on Telecommunications, Consumer Protection and Finance, has announced that he will study the effects of buyouts on the availability of credit as -part of an investigation of takeover tactics. Federal Reserve Board Chairman Paul Volcker, in a letter made public by Wirth, warned that the buyouts may expose companies to financial difficulties. The Federal Reserve, however, has so far declined to restrict lending for buyouts. Volcker says that measures like credit...
...Angeles office of the Securities and Exchange Commission are looking into possible insider trading of Disney stock. The SEC had already pro posed legislation that would require stockholder approval of stock buy-back plans, and the Disney debacle is sure to win it support. Moreover, Democratic Congressman Timothy Wirth of Colorado has conducted hearings that may lead to a legislative crackdown on questionable takeover tactics...
Just as the advertisements appeared on business pages announcing this latest megabuck merger, a congressional committee opened hearings on proposals by the Securities and Exchange Commission that would curb some of the wheeling and dealing that accompanies such corporate marriages. Colorado Democrat Timothy Wirth, chairman of the House Subcommittee on Telecommunications, Consumer Protection and Finance, is supporting the SEC recommendations. Says he: "The tactics and strategies used by both bidders and targets in recent years have raised questions about the adequacy of current laws to a ensure the fundamental fairness of the takeover process. In the heat of a contest...