All the Presidents' Bankers (101 page)

Champion, George,
232
,
233
,
261
,
266
,
272
,
274

Chase Harris Forbes Corporation,
139

Chase International Investment Corporation,
305

Chase Manhattan Bank

    
creation of,
215

    
credit crisisrecession of 1990,
360

    
Eurodollar market, use of,
234

    
financial problems,
328–329

    
financial statement error,
295–296

    
global expansion,
225
,
287
,
288
,
291
,
304–305

    
Iranian government, declarations of default against,
311–313

    
Lincoln First Corporation, acquisition of,
337

    
net profit in 1995,
374

    
One Chase Plaza,
232–233

    
Vietnam War and,
266

    
See also
Chase National Bank
;
JPMorgan Chase

Chase National Bank

    
Chase Securities Corporation, establishment of,
125

    
global expansion,
181
,
184–185
,
201
,
211
,
213
,
222

    
mergers,
4
,
91–92
,
123
,
215

    
See also
Chase Manhattan Bank
;
JPMorgan Chase

Chase National Bank of Egypt,
291

Chase Securities Corporation,
125

Chase World Information Corporation,
288

Chemical Bank New York Trust,
217

Chemical Banking Corporation,
365

Cheney, Dick,
398

Chernoff, Allan,
382

Chernow, Ron,
34
,
37

China,
287–288

Christopher, Warren,
309
,
310
,
315
,
316
,
318

Chrysler Corporation Loan Guarantee Act of 1979,
306

Church, Frank,
296–297

Churchill, Winston,
173
,
175
,
208

Citibank,
270
,
293
,
360

Citicorp,
335
,
336
,
343
,
361
,
374
,
384

Citicorp International Bank Limited (CIBL),
292–293

Citigroup,
3
,
375
,
381
,
389
,
398
,
411
,
418

City Company of New York,
139

Civil Rights Act of 1964,
253

Clausen, Alden W. “Tom,”
276
,
300
,
324
,
326–327
,
331–332
,
338–339
,
342–343
,
350

Clay, Lucius,
204

Clayton Antitrust Act of 1914,
43
,
214
,
263

Clearing House Association,
108

Clemenceau, Georges,
58–60

Clémentel, Étienne,
81

Cline, Kenneth,
371

Clinton, Bill

    
bankers, alliances with,
366
,
369

    
deregulation policies,
371
,
375
,
390
,
392

    
impeachment, calls for,
381

    
Mexican crisis bailout,
372–375

    
North American Free Trade Agreement (NAFTA),
370

    
reelection in 1996,
378

CMART,
297–298

Cohan, William D.,
203

Cold War,
194
,
197
,
198
,
202
,
216
,
233
,
243
,
256
,
323
,
357

Collado, Emilio,
187

Collateralized debt obligations (CDOs),
403
,
405
,
419

Colombia,
293

Commercial banks

    
ban on dealing in securities,
128

    
Cold War-related loans,
202

    
corporate bonds, underwriting of,
343
,
348

    
deregulation of,
314
,
326
,
333
,
337

    
Federal Deposit Insurance and,
335

    
foreign assets of,
290

    
Glass-Steagall Act, repeal of,
381
,
385
,
392
,
396

    
global expansion of,
292–293

    
Less Developed Countries, debt burden of,
302

    
London, offices in,
293

    
separation from investment banking,
125

    
S&L bailout, profit from,
354
,
359

    
World Bank, cooperation with,
331

    
World War II debt burden of,
167
,
182

Commercial paper market,
278

Commodity Exchange Act of 1936,
363

Commodity Futures Trading Commission (CFTC),
363

Communism, perceived threat of,
183
,
194–195
,
197
,
218

Community Reinvestment Act of 1977,
384
,
388

Comptroller of the Currency,
28
,
33
,
36
,
47
,
263

Conable, Barber Jr.,
362

Congress of Industrial Organizations,
145

Connally, John,
281
,
285

Consumer Federation of America,
353

Cook, Don,
260

Coolidge, Calvin,
67
,
78–79
,
82–85

Corn Exchange Bank Trust Company,
94–95
,
217

Corrigan, Gerald,
346
,
350
,
352
,
365

Cortelyou, George,
8
,
10
,
11

Corwin, Philip,
353

Corzine, Jon,
369
,
403
,
419

Costanzo G. A. “Al,”
289

Council of Economic Advisors,
334
,
346

Council of the Americas,
237

Council on Foreign Relations,
219
,
244

Countrywide Financial,
409

Cox, James A.,
67

Crapo, Michael,
404

Credit-Anstalt,
111

Credit cards,
252
,
269–270

Crissinger, Daniel Richard,
80

Cuba,
84
,
257

Cuban missile crisis,
242–243

Cummings, Homer,
116

Current Tax Payment Act of 1943,
169

D’Amato, Alfonse,
384
,
385

Davis, James,
88

Davis, John W.,
59–60
,
63
,
128

Davis, Norman,
129

Davison, Henry,
21
,
23
,
25
,
62–63

Dawes, Charles,
79
,
83

Dawes plan,
79–81

Day, Henry Mason,
139

De Vries, Rimmer,
302

Dean, Arthur,
235

Debt inflation policy,
281–282

Declarations of Algiers,
316

Defense Production Act of 1950,
278

Depew, Chauncey,
6

Deposit insurance premiums,
351–352

Depository Institutions Deregulation and Monetary Control Act of 1980,
314
,
333

Depression.
See
Great Depression

Deregulation, banking,
301
,
303
,
306
,
314
,
320
,
333–334
,
337–338
,
342
,
360
,
391–392

Derivatives

    
Asian market,
379
,
380

    
Bear Stearns collapse and,
406

    
cross-border,
371

    
deregulation and,
392
,
402

    
Dodd-Frank bill and,
415

    
energy,
375

    
Enron, use by,
397

    
Goldman Sachs, use of,
410

    
government shield for,
386
,
387
,
391

    
hybrid,
364

    
increased profit from,
361
,
363

    
JPMorgan Chase, investment in,
417

    
mismarking by JPMorgan Chase,
331

    
objections to regulation of,
404–405

Dewey, Thomas,
192

Di Stefani (or De Stefani), Alberto,
78

Dillon, C. Douglas,
234
,
246
,
248
,
254
,
260
,
272
,
282
,
347

Dimon, James “Jamie,”
331
,
368
,
379
,
385
,
403
,
405–407
,
410
,
413
,
416–417

Dinitz, Simcha,
292

Disarmament, negotiations on,
234–235

Dodd, William,
148

Dodge, Cleveland,
14

Dole, Elizabeth,
325

Dollar, as global reserve currency,
72
,
170

Dollar, devaluation of,
280–282
,
285

Dollar Saving Bank,
11

Donaldson, William,
402

Donnelly, John,
370

Dorgan, Byron,
330
,
390

Downey, Robert,
360

Drexel Burnham Lambert,
342

Drysdale Government Securities,
328

Du Pont, Pierre,
147

Dudley, William,
413

Dulles, John Foster,
60
,
112
,
208
,
209
,
218
,
219

Dunn, Harry,
203

Dynegy,
398–399

Ebbers, Bernard,
399
,
421

Eccles, Marriner,
142
,
152

Economic Cooperation Act of 1948,
189

Economic Policy Advisory Board,
325
,
334
,
346

Economy, global

    
in 2010,
414

    
risky banker practices and,
394
,
404
,
422

    
US dominance of,
177

Economy, US

    
Panic of 1907,
7–13

    
Great Depression,
113–115