Clinton taps Rubin to succeed Bentsen as Treasury head
President Clinton named Robert Rubin to replace Lloyd Bentsen as Treasury secretary, a move analysts expect to barely shift policy as both men share pro business views. Rubin, who left Goldman Sachs for public service, faced scrutiny over the transition to the top economic policy role amid a Republican Congress. Bentsen will return to Texas after 22 Senate years, while Clinton praised his contributions.
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Clinton
Robert Rubin
Wall Street
Lloyd Bentsen
Treasury
Bentsen
Capitol Hill
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Rubin
Goldman Sachs & Co
Senate
Texas
Stocks Mixed As Bond Rally Fails To Lift Markets
New York traders closed mixed after a volatile day led by a strong bond rally. Dow edged up at midday but slipped, then recovered to a small gain as Fidelity's Magellan Fund announced no year end dividend, dampening hopes for a seasonal rally despite a 30 year Treasury yield drop to 7.83 percent.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Fidelity
Treasury
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Abbott Labs
Allegheny Power
Electric Power
AM. Family Corp
Ameritech
At&t Corp
Anheuser-Busch
Apple Computer
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bearings Inc
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chrysler Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Crestar Financial
CSX Corp
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
1St Virginia Bank
Flowers Industries
FMC Corp
Food Lion Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
Glaxo Holdings
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
JOY Technologies
K-Mart Corp
Kroger CO
Lowe's CO
Mapco Inc
McDonald's Corp
MCI Communications
Merck & CO. Inc
Mobil Corp
Monsanto CO
Mylan Labs
Nash Finch CO
Nations Bank Corp
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
ONE Valley Bank
Pacific Telesis
J.C. Penney CO
Pennzoil CO
Pepsico Inc
Phila. Electric
Philip Morris Cos
Phillips Petroleum
Pittston Minerals
Pittston Services
Potomac Elec
PWR
Praxair, Inc
Premier Bankshares
Pulaski Furniture
Reebok Int'l
REX Stores Corp
Reynolds Metals
Rite Aid Corp
RJR Nabisco Hldg
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's Inc
Signet Banking
Southern CO
Tenneco Inc
Texaco Inc
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX
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Wal-Mart
Walt Disney CO
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Westinghouse EL
Westmoreland Coal
Westvaco Corp
Xerox Corp
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Bland Street
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Sahai Spa
LaRee Styling Salon
Lynn
Sheila
Mber
Cumberland Road
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the Salvation Army
David Treadwell
P.O
Baltimore
A.C.E.S
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Reb Ivy
Genoa
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Latcnes Ae
Frazier Fur
Colorado
Sun Richwood Golf Club
Aperlacenay Vre
Princeton Ave
Ft Mleke
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