Greenspan urges deficit restraint over tax cuts
Federal Reserve Chairman Alan Greenspan warned Congress to keep future deficits under control and questioned the necessity of another $1.8 trillion tax cut. He urged spending caps and revenue neutral measures while noting Iraq war uncertainties cloud the economic outlook and long term growth needs.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Congress
Greenspan
Bush
Senate Banking Committee
Fed
White House
Ari Fleischer
Iraq
United States
CEOs pay debate in bankrupt KMART cases and peers
Kmart appoints Julian Day with a 1 million dollar salary and 1 million guaranteed post bankruptcy, while former CEO Conaway drew over 20 million in loans and perks. The piece notes scrutiny of executive pay after multiple large bankruptcies, including WorldCom, and argues leaders with needed credibility may justify high compensation.
MENTIONED IN THIS ARTICLE
New York
Kmart
Julian C. Day
Day
Sears
Safeway Inc
Charles Conaway
James Adamson
Conaway
Ting
WorldCom
Enron
U.S
Michael Capellas
Monitor
SEC
Richard Breeden
Capellas
America
Harlan Platt
Northeastern University
College of Business Administration
Dear Jerry and stuttering questions raise
A reader seeks cat breed guidance and stuttering help. The column cites ABC Good Morning America coverage from November 14 2002 about portable feedback devices for stuttering and references Stuttering Foundation of America contact details for resources.
MENTIONED IN THIS ARTICLE
Jerry
ABC
Abc.com
Rebecca
Timothy Johnson
Good Morning America
Columbus Avenue
New York
Market slide after bin Laden tape and Greenspan testimony
Wall Street dropped as fears over war and terrorism rose after a bin Laden tape surfaced and Greenspan warned Iraq poses the biggest economy-uncertainty. Dow fell about 1 percent to 7848.11, Nasdaq slipped, S&P 500 down 0.8 percent amid calls for UN inspections and stalled investment.
MENTIONED IN THIS ARTICLE
bin Laden
Greenspan
New York
Wall Street
Osama bin Laden
Iraq
Federal Reserve
Alan Greenspan
Middle East
Matt Brown
Wilmington Trust
Dow Jones
Renes Ae
Standard & Poor
Dollar rises as gold falls on Iraq war outlook
The dollar strengthened against major currencies in European trading while gold prices dropped sharply as investors reassessed prospects for a U S led war on Iraq. The euro slipped to 1 0710 dollars, with other currencies also moving. gold closed in London at 362 60 bid per ounce amid demand for safe assets.
MENTIONED IN THIS ARTICLE
London
Iraq
New York
Europe
France
Germany
Belgium
NATO
Turkey
Zurich
Hong Kong
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Dick Cheney
Charles Grassley
Iowa
Senate Finance Committee
House
Tom Delay
Texas
Jay M. Castleton
Jay
Rebecca A
Clarksville, Tenn
Vision Network
Bacon
ABC Television Network
John Stossel
The
Stuttering Foundation of America
Wrte
Washington, D.C
Earthfink.net
Jerry Romansky
Ewspa PY
Senate
China
Russia
Security Council
Britain
Charles H. Blood Jr
Brown Brothers Harriman & Co
Ohruhive