Word: chairman
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Dates: during 2000-2000
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...Greenspan that gets blamed if those six tightenings ending last spring put the boom into convulsions, but the Fed chairman figures that a slowdown would be much easier to bear - and modulate - than, say, stagflation, and that he can always slash short-term rates in January and beyond if things look dire...
...Microsoft, a company whose domination of the software business made it one of the world's most valuable entities--and the target of a federal antitrust suit. Yet even the Micro-monopolists went running to the FTC to complain. "I never had a problem with the merger," Disney chairman Michael Eisner insisted to TIME this fall. "I have a problem with the fact that there might be a single entity that decides what intellectual property goes into the house...
...chairman Robert Pitofsky now had a hand to play, a sudden and broad public mandate to go after both companies. "In January you couldn't have found a lawyer in Washington who would have questioned this deal," says Richard Parsons, Time Warner's president. "It turned into an unbelievable and frustrating course...
While Washington weighed the merger's fate, AOL and Time Warner confidently, or arrogantly, carried on one of history's most extensive premerger integration efforts. The same week that the ABC controversy erupted, Levin and Case announced a new corporate structure, with Case as chairman; Levin as CEO; and Parsons and Robert Pittman, a veteran of AOL (and Time Warner), as co-chief operating officers...
...that way. His comments prominently mentioned a reverse wealth effect stemming from falling share prices. "Weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending," Greenspan warned. Such softening could, in turn, lead to a recession--clearly something the esteemed chairman of the Federal Reserve would want to head...