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Richard Darman
Richard Gordon "Dick" Darman (May 10, 1943January 25, 2008) was an American businessman and government official who served in senior positions during the presidencies of Ronald Reagan and George H. W. Bush. Early life Darman was born in Charlotte, North Carolina, the son of Eleanor F. and Morton H. Darman. His father was a textile mill owner. Darman graduated with honors from Harvard College in 1964 and from the Harvard Graduate School of Business Administration in 1967. Career Darman held several governmental positions under James Baker, including as Assistant Secretary of Commerce (1976–77). After the defeat of Gerald Ford, Darman became a member of the faculty of Harvard Kennedy School, to which he would return on two occasions between 1977 and 2002. When Baker became White House Chief of Staff under President Reagan, Darman returned to serve as Assistant to the President of the United States and White House Staff Secretary (1981–85), before following Baker to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Of Management And Budget
The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, but it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives. Shalanda Young became OMB's acting director in March 2021, and was confirmed by the Senate in March 2022. History The Bureau of the Budget, OMB's predecessor, was established in 1921 as a part of the Department of the Treasury by the Budget and Accounting Act of 1921, which President Warren G. Harding signed into law. The Bureau of the Budget was moved to the Executive Office of the President in 1939 and was run by Harold D. Smith during the government's rapid expansion of spending during World War II. James L. Sundquist, a staffer at the Bureau of the Budget, called the relationship between the president an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard College
Harvard College is the undergraduate college of Harvard University, an Ivy League research university in Cambridge, Massachusetts. Founded in 1636, Harvard College is the original school of Harvard University, the oldest institution of higher learning in the United States and among the most prestigious in the world. Part of the Faculty of Arts and Sciences, Harvard College is Harvard University's traditional undergraduate program, offering AB and SB degrees. It is highly selective, with fewer than five percent of applicants being offered admission in recent years. Harvard College students participate in more than 450 extracurricular organizations and nearly all live on campus—first-year students in or near Harvard Yard, and upperclass students in community-oriented "houses". History The school came into existence in 1636 by vote of the Great and General Court of the Massachusetts Bay Colony—though without a single building, instructor, or student. In 1638, the colleg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AES Corporation
The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES is headquartered in Arlington, Virginia, and is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. AES Corporation is a global Fortune 500 power company. AES Ranks in the Top Ten of Fast Company's 2022 Best Workplaces for Innovators. History The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant and Dennis Bakke, two appointees of the Federal Energy Administration under president Richard Nixon. The company was initially a consulting firm; it became AES Corporation, which went public in 1991. Sant was chairman, CEO, and president and Bakke was executive vice president until assuming the position of president in 1987. Bakke would ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Museum Of American History
The National Museum of American History: Kenneth E. Behring Center collects, preserves, and displays the heritage of the United States in the areas of social, political, cultural, scientific, and military history. Among the items on display is the original Star-Spangled Banner (flag), Star-Spangled Banner. The museum is part of the Smithsonian Institution and located on the National Mall at 14th Street (Washington, D.C.), 14th Street and Constitution Avenue NW in Washington, D.C. History The museum opened in 1964 as the Museum of History and Technology. It was one of the last structures designed by the renowned architectural firm McKim Mead & White. In 1980, the museum was renamed the National Museum of American History to represent its mission of the collection, care, study, and interpretation of objects that reflect the experience of the American people. The museum site had previously held two Temporary buildings of the National Mall, temporary war buildings constructed in 194 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howard Hughes Medical Institute
The Howard Hughes Medical Institute (HHMI) is an American non-profit medical research organization based in Chevy Chase, Maryland. It was founded in 1953 by Howard Hughes, an American business magnate, investor, record-setting pilot, engineer, film director, and philanthropist, known during his lifetime as one of the most financially successful individuals in the world. It is one of the largest private funding organizations for biological and medical research in the United States. HHMI spends about $1 million per HHMI Investigator per year, which amounts to annual investment in biomedical research of about $825 million. The institute has an endowment of $22.6 billion, making it the second-wealthiest philanthropic organization in the United States and the second-best endowed medical research foundation in the world. HHMI is the former owner of the Hughes Aircraft Company – an American aerospace firm which was divested to various firms over time. History The institute was fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loomis, Sayles & Company
Loomis, Sayles & Company L.P. is an American investment management firm based in Boston. As of March 31, 2021, Loomis Sayles has roughly $347.8 billion in assets under management. Loomis Sayles was founded in 1926 by Robert H. Loomis and Ralph T. Sayles. In 2000, it was acquired by Natixis Global Asset Management. Products Loomis Sayles offers a variety of products for institutional investor An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked co ... and retail investors. It has institutional clients in 20 countries across six continents. Vehicles include Mutual Funds, Institutional Separate Accounts, Exchange Traded Funds, Managed Accounts, Hedge Funds, Collective Trusts and Other Private Placements. Strategy Loomis Sayles has experimented with a variety of styles, notably including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Carlyle Group
The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and private credit. It is one of the largest mega-funds in the world. In 2015, Carlyle was the world's largest private equity firm by capital raised over the previous five years, according to the PEI 300 index, though by 2020, it had slipped into second place. Founded in 1987 in Washington, D.C., by William E. Conway Jr., Stephen L. Norris, David Rubenstein, Daniel A. D'Aniello and Greg Rosenbaum, the company has nearly 1,850 employees in 26 offices on six continents . On May 3, 2012, Carlyle completed a million initial public offering and began trading on the NASDAQ stock exchange. History Founding and early history Carlyle was founded in 1987 as an investment banking boutique by five partners with backgrounds in finance and government: W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1992 United States Presidential Election
The 1992 United States presidential election was the 52nd quadrennial presidential election, held on Tuesday, November 3, 1992. Democratic Governor Bill Clinton of Arkansas defeated incumbent Republican President George H. W. Bush, independent businessman Ross Perot of Texas, and a number of minor candidates. The election marked the end of a period of Republican dominance in American presidential politics that began in 1968, and also marked the end of 12 years of Republican rule of the White House, as well as the end of the Greatest Generation's 32-year American rule and the beginning of the Baby boomers 28-year dominance until 2020. It was the last time the incumbent president failed to win a second term until 2020, when Donald Trump lost the election to Joe Biden; it was the first such occurrence since 1980. Bush had alienated many of the conservatives in his party by breaking his 1988 campaign pledge against raising taxes, but he fended off a primary challenge from paleo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
No New Taxes
"Read my lips: no new taxes" is a phrase spoken by American presidential candidate George H. W. Bush at the 1988 Republican National Convention as he accepted the nomination on August 18. Written by speechwriter Peggy Noonan, the line was the most prominent sound bite from the speech. The pledge not to tax the American people further had been a consistent part of Bush's 1988 election platform, and its prominent inclusion in his speech cemented it in the public consciousness. The line later hurt Bush politically. Although he did oppose the creation of new taxes as president, the Democratic-controlled Congress proposed increases of existing taxes as a way to reduce the national budget deficit. Bush negotiated with Congress for a budget that met his pledge, but was unable to make a deal with a Senate and House that was controlled by the opposing Democrats. Bush agreed to a compromise, which increased several existing taxes as part of a 1990 budget agreement. In the 1992 presidenti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assistant To The President Of The United States
The Executive Office of the President (EOP) comprises the offices and agencies that support the work of the president at the center of the executive branch of the United States federal government. The EOP consists of several offices and agencies, such as the White House Office (the staff working directly for and reporting to the president, including West Wing staff and the president's closest advisers), the National Security Council, and the Office of Management and Budget. The EOP is also referred to as a "permanent government", with many policy programs, and the people who implement them, continuing between presidential administrations. This is because there is a need for qualified, knowledgeable civil servants in each office or agency to inform new politicians. The civil servants who work in the Executive Office of the President are also regarded as nonpartisan and politically neutral, so that they can give impartial advice. With the increase in technological and global ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gerald Ford
Gerald Rudolph Ford Jr. ( ; born Leslie Lynch King Jr.; July 14, 1913December 26, 2006) was an American politician who served as the 38th president of the United States from 1974 to 1977. He was the only president never to have been elected to the office of president or vice president as well as the only president to date from Michigan. He previously served as the leader of the Republican Party in the House of Representatives, and was appointed to be the 40th vice president in 1973. When President Richard Nixon resigned in 1974, Ford succeeded to the presidency, but was defeated for election to a full term in 1976. Born in Omaha, Nebraska, and raised in Grand Rapids, Michigan, Ford attended the University of Michigan, where he was a member of the school's football team, winning two national championships. Following his senior year, he turned down offers from the Detroit Lions and Green Bay Packers, instead opting to go to Yale Law School. After the attack on Pearl Harbor, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
