All the Presidents' Bankers (100 page)

Aswan Dam, Egypt,
212
,
218

Bahrain,
288

Bailouts.
See
Government bailout programs

Baker, George Jr.,
98

Baker, George Sr.,
3
,
11
,
27
,
86

Baker, J. Stewart,
215

Baker, James III,
326
,
337
,
338–339
,
344
,
347

Balance of payments deficit,
240
,
245
,
259
,
262
,
265–266
,
269

Banco Chase Manhattan,
237

Bani-Sadr, Abolhassan,
310

Bank for International Settlements (BIS),
108–109
,
351
,
380

Bank Holding Company Act of 1956,
216
,
276

Bank Holding Company Act of 1970,
279
,
320
,
381
,
387

Bank Markazi,
311
,
312
,
316–317

Bank Merger Act of 1960,
263

Bank Merger Act of 1966,
263

Bank of America

    
bailout subsidies for,
409
,
410
,
411

    
Bank Holding Company bill, effect on,
217

    
credit cards,
270

    
debt problems,
326–327
,
342–343
,
350

    
expansion of,
185
,
225

    
Glass-Steagall Act, support for repeal of,
385

    
insurance business,
335

    
legal settlements,
409

    
Marshall Plan, role in,
185

    
mergers,
365
,
383
,
409

    
Merrill Lynch, purchase of,
408

    
SEC fine of,
418

Bank of England,
5
,
70
,
80
,
367

Bank of Manhattan,
215

Bank of United States,
107–108

Bank One,
403

BankAmerica.
See
Bank of America

Bankers

    
collaboration with politicians,
29–32
,
34–39
,
158–159
,
180–183
,
204–205
,
211
,
321
,
333
,
335
,
338
,
342

    
oil crisis, profits from,
275

    
OPEC leaders and,
303

    
presidents, evolution of relationship with,
300
,
318
,
320
,
333
,
394–395
,
409
,
417

    
private gain, pursuit of,
50
,
275–276
,
293

    
public perception of,
18
,
27
,
30
,
48
,
49
,
179
,
414

    
salaries,
272
,
379
,
412

    
settlements and fines,
401
,
418–419

    
social responsibility, lack of,
229–230
,
379
,
422

    
See also
Government bailout programs

Banking

    
activities outlawed in US,
247
,
292

    
commercial
vs.
investment banks,
136
,
321
,
325
,
362–363
,
395–396

    
financial fraud,
111
,
119
,
297
,
321
,
352–354
,
378
,
397–399

    
international expansion of,
64
,
164
,
197–199
,
201
,
207
,
221
,
245
,
249
,
275
,
298

    
See also
Deregulation

Banking Act of 1935,
142–145

Banking Act of 1933 (Glass-Steagall Act),
130–131
,
137
,
142
,
390
,
392

Bankruptcies, corporate,
399
,
400
,
408

Banzer, Hugo,
293

Barings banking house,
5

Barney, Charles,
9

Barreto, Brian A.,
382

Baruch, Bernard,
60
,
63

Batista, Fulgencio,
222

Baxter, William,
330

Bay of Pigs invasion,
235

Beal, Louis,
163

Beame, Abraham,
298–299

Bear Stearns,
405–407

Bechtel, Stephen,
295

Beirut, Lebanon,
218
,
224–225

Ben Yahia, Mohamed,
318

Bentsen, Lloyd,
371

Bentson, George,
341

Berlin Wall,
236

Bernanke, Benjamin,
101
,
403
,
410
,
412
,
414

Bernstein, Irving,
113

Bernstorff, Johann von,
45

Big Six,
98–99
,
100
,
105
,
228
,
394
,
395
,
410
,
411
,
414

Big Three,
108
,
119
,
134

Bin Abdul-Rahman, Abdullah,
244

Bird, Kai,
218

Black, Eugene,
193
,
212
,
217
,
218
,
302

Black Monday (1987),
345–347

Black Thursday (1929),
96–100

Blair, Tony,
407
,
417

Blankfein, Lloyd,
404
,
405
,
408
,
410
,
413
,
421–422

Bliss, Tasker H.,
58

Blough, Roger,
238

Blue Monday (1962),
240

Blueprint for Reform,
337
,
348

Boesky, Ivan,
342

Bolling, Richard,
263

Bolten, Joshua,
403
,
404

Borah, William,
59

Boyce-Thomson, William,
51

Brady, Nicholas,
346
,
347
,
348
,
349–350
,
353
,
355
,
361
,
363

Brahany, Thomas,
48

Brainard, Lael,
382

Brandeis, Louis,
3–4
,
33
,
35
,
395

Brazil,
293
,
302

Breeden, Richard,
348
,
362–363

Bretton Woods Agreement,
171
,
175
,
281
,
349

Britain,
59
,
113
,
155
,
199
,
206
,
208
,
212
,
219
,
227
,
231
,
294
,
317
,
358
,
367

British War Relief Society of America,
164

Broderick, Joseph,
108

Brody, Kenneth,
366

Bryan, William Jennings,
19
,
41

Brzezinski, Zbigniew,
304
,
307
,
308
,
310

Buchanan, Pat,
380

Budget and Accounting Act of 1921,
74–75

Bulkley, Robert,
35

“Bull Moose” party,
30

Bullis, Harris,
210

Burgess, Warren Randolph,
160–161
,
163
,
168
,
169
,
172
,
187
,
194
,
204–205
,
227
,
246

Burton, Daniel,
374

Bush, George H. W.

    
bankers, relationship with,
347
,
394

    
Blueprint for Reform,
337

    
Brady plan for third world debt reduction,
349–351
,
353
,
355

    
Butcher, meeting with,
358–359

    
deregulation, promotion of,
321
,
323–325
,
334–335
,
337–338
,
361
,
363–364

    
election of 1988,
347

    
savings and loan crisis,
348
,
352–354
,
353
,
359

    
as vice president,
321
,
323–325
,
333–338

Bush, George W.

    
bank bailout plan (TARP),
411

    
bankers, relationship with,
402

    
campaign funding,
401–402

    
corporate crime, curb for,
400

    
election of 2000,
397

    
Iraq, invasion of,
400

    
on Lehman Brothers crisis,
408

    
quantitative easing, approval of,
101

    
reelection in 2004,
403

    
retaliation for 911,
399

Bush, Neil,
352
,
359

Bush, Jeb,
352

Business Advisory Council, Department of Commerce,
118

Business Group for Latin America,
250
,
259

Butcher, Willard C.,
295
,
327–329
,
337
,
347
,
354
,
355
,
358
,
360

Butler, John,
281

Buzzanco, Robert,
267

Califano, Joseph “Joe” Jr.,
264

Calkins, Earnest Elmo,
83

Camdessus, Michael,
380

Cannon, Joseph G.,
15

Capital limits,
395–396
,
402
,
417

Capital “lockout,”
151–152

Caribbean Basin Initiative,
327

Carpenter, Michael,
398

Carter, Jimmy

    
bankers, relationship with,
301

    
deregulation,
301
,
303
,
314

    
election of 1976,
301

    
foreign policy,
302

    
Iran hostage crisis,
310–318

    
Shah of Iran, admittance of to US,
308–309

Carter, John Franklin,
169

Casey, William,
322

Castro, Fidel,
222
,
223
,
242

Cayne, James,
401–402

Celler, Emanuel,
214

Center for Inter-American Relations,
237

Cermak, Anton,
118

Certificates of deposit (CDs),
233

Chamberlain, Austen,
83

Chamberlain, Neville,
155

Chamoun, Camille,
224